CPT is an Incoterms term under which the seller undertakes to organise and pay for the transportation of the goods to a destination agreed with the buyer. However, the risk of loss or damage to the goods transfers to the buyer at the moment the goods are handed over to the first carrier. The term frequently appears in international contracts as “carriage paid to Incoterms” or “CPT Incoterms 2020” and stands for Carriage Paid To.…
