Whose cost and risk for unloading goods under CIP terms at named place?
As mentioned in other posts, if Inco Terms rules do not specifically mention on insurance, the responsibility to unload goods is with the buyer. So, the buyer is responsible on costs and risks involved under CIP terms. In an international trade, the importer is liable to bear the cost and risk of unloading goods under CIP terms.
As you know, the Inco Terms 2020 does not talk about unloading of goods except DPU rules. Means the selling price of goods includes unloading of goods at destination. In other words, the cost and risk of unloading goods under DPU is taken care by the Seller.
In short, under CIP terms of delivery of cargo, the buyer is responsible for the cost and risk to unload the goods at named place of destination.
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