CIF and CFR terms are more convenient for foreign buyers because they merely have to add the import duties, landing charges, and freight from the port of arrival to their warehouses to establish their cost.

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CIF (Cost, Insurance, and Freight) and CFR (Cost and Freight) are terms used in international trade for the delivery of goods from a seller to a buyer. These terms are more convenient for foreign buyers because they include the cost of transportation and insurance up to the point of arrival at the port of destination. This means that the buyer only needs to add the import duties, landing charges, and freight from the port of arrival to their warehouse, instead of having to arrange and pay for the transportation and insurance from the seller's location to the port of destination.

CIF and CFR Terms Are More Convenient for Foreign Buyers