Group D New silk road

International
Trade and the
New silk road
Today's Topic

Summary Actors
Incoterms
Tariff rate range
Payment methods
Packaging
Transportation
Shipping costs

-Global infrastructure project
-Improve connectivity and
promote economic growth
between Asia, Europe, and Africa
-Risk of political instability,
corruption, and security threats
-Supply chain structure
involves over 60 countries
How the New silk
road influenced
international trade?

Actors

-FOB (Free on Board)
-CIF (Cost, Insurance, and Freight)
-DAP (Delivered at Place)
Commonly
used
incoterms