DDP, or Delivered Duty Paid, is an international shipping term used in trade agreements. It indicates that the seller is responsible for all costs and risks associated with transporting goods to a specified destination, including customs duties and taxes. This means the buyer receives the goods without needing to handle any additional charges or logistics. In a DDP arrangement, the seller takes care of everything from shipping to delivery, ensuring that the buyer has a hassle-free experience. This term is commonly used in global commerce, making it easier for businesses to understand their responsibilities in the shipping process.