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Incoterms and Shipping. Incoterms like DDU are contract specifications outlining who bears the costs and risks of international transactions and are subject to change at the discretion of the ICC. There have been only 8 changes since the first set were published.
DDP stands for delivery duty paid while DDU stands for delivery duty unpaid. Both terms are incoterms but have many differences that will be talked about in this article. DDU and DDP are important when one is shopping on the internet.