As it turns out, Incoterms are rules that help regulate business transactions and contracts. Usage of these rules in contracts facilitates the resolution of possible disputes between the parties to the contract and specifies the responsibilities of all parties. For example, when it is said that the sale is in terms of FOB-Beirut port, in this case, the seller can determine the extent of his responsibilities and costs, what tasks he has to perform, and what costs he has to pay, and the buyer knows what to expect from the seller, where his responsibilities begin and what costs are incurred by him, in which case both parties will seek to fulfill their obligations and responsibilities from the outset.
The only recommendation that can be made is that the parties should know the terms, facilities, and capabilities of themselves and the other party. With the correct knowledge of these terms of sale, the most appropriate rule with the terms of the transaction, delivery point, shipping method and duties of both parties could be chosen.
The image below summarizes the rules of Incoterms 2020.