Incoterms are important as they help us to ensure that all parties involved in international trade are aware of their obligations and responsibilities. Upon your request and depending on the Incoterm chosen, International Cargo Delivery is responsible for different aspects of the shipment process. For example, under the CIF (Cost, Insurance and Freight) Incoterm ICD is responsible for providing the freight and insurance. In summary, Incoterms are an essential tool as they help to clearly define the responsibilities/risks of each party involved in international trade, ensuring that the shipment is completed in a timely and cost-effective manner. The Incoterms rules are used by buyers and sellers worldwide for clear interpretation of the most commonly used terms in international trade.