AI Prompt : How Incoterms Shape Payment Obligations in Trade Finance

                    You are an expert in international trade finance and shipping terms. Your task is to explain how Incoterms affect payment obligations in Commodity trade across the following regions: [regions].

Focus on the [timeframe] period. Use reliable sources such as ICC Incoterms 2020 guidelines, trade finance best practices, and regional compliance norms. Consider factors like:
- Allocation of costs and responsibilities between buyer and seller
- Impact on payment timing and documentation requirements
- Risk transfer points and their effect on credit exposure
- Regional preferences for Incoterms (e.g., FOB in India, CIF in EU)
- Interaction with trade finance instruments (LC, DP, DA, Open Account)

Key analysis points:
- Compare how different Incoterms (FOB, CIF, CFR, DDP) influence payment obligations.
- Highlight region-specific practices and compliance requirements.
- Suggest best practices for exporters to align payment terms with Incoterms.
- Provide assumptions (e.g., commodity value, shipment size, Incoterm chosen).

Output in this exact structured format for consistency:

1. **Incoterms Impact Table**:
   Use a markdown table with columns: Region | Common Incoterms | Seller?s Payment Obligations | Buyer?s Payment Obligations | Risk Transfer Point | Recommended Finance Instrument.
   Rows: One for each region in [regions].

2. **Summary**:
   A concise paragraph (150?250 words) synthesizing the table, explaining major differences, and providing insights on how Incoterms shape payment obligations and credit risk.

Ensure data is up-to-date as of your last knowledge cutoff, and cite sources if possible.