Cfr: Is an international commercial term that

CFR is an international commercial term that means the seller delivers the goods on board and cleared for export, and pays for freight to the named port of destination. The buyer covers the cost of discharge and import clearance, and assumes the risk of loss or damage from the time of delivery. The Council on Foreign Relations (CFR) is an independent, nonpartisan member organization, think tank, and publisher. Extension of Time Caution Deposit Progress Report Online Semester Fee Download Thesis Template Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods. For containerised goods, consider ‘Carriage Paid To CPT’ instead. Seller arranges and […]