Need help finding something?
Google
 

Secrets of International Trading

Incoterms 2000
Special International Trade Terms
 

Home

Contact Us

Site Contents

 
 

The first INCOTERMS - uniform rules for the interpretation of international trade terms were published in 1936, by the International Chamber of Commerce (ICC) used in buying and selling on a world wide scale.

Since then, ICC has amended and modernized these rules in 1953, 1967, 1980, 1990 and Incoterms 2000

Incoterms 2000 describe the responsibilities of seller and buyer in international trade. The full and authoritative defination of each trade term is published in Incoterms 2000. Publication 560

INCOTERMS 2000 (International Commercial Terms)
are to provide a set of rules to interpret the most commonly used trade terms in international trade.

This set of rules defines the precise obligations of buyer and seller to reduce the possibility of misunderstanding between the exporter and importer.

The purpose of these terms are to clarify who are responsible (seller or buyer) for:

1. The cost of transporting the goods from one point to the other.

2. The risk of loss if the transportation cannot take place.

3. The risk of loss or damage to goods in transit.

Incoterms 2000 aim are to set out the rights and obligations of the seller and the buyer when it comes to transporting the goods.

  Secrets of International Trading

APEC    The EEC    InCoTerms 2000

Exporting Starts Here

Export Marketing Strategies

How to manage Export Promotion?

Documentation for Exporting

How to Draft and Agency Agreement?

Export Trade Barriers & Trade Blocks

Getting Paid for Exporting

Export Insurance

How to Develop an Export Market?
     1/9  2/9  3/9  4/9  5/9  6/9  7/9  8/9  9/9

How to Conduct Export Research?

How to calculate Costing for Export?

Hazards of Export Packing & Shipping

Export Shipment and Transportation

4 P's of Business Correspondence

About Pallet a transportable platform

 

Each term means a different division of costs, risks, and responsibilities between the seller and the buyer.   

Next page Incoterms 2000

EXW EX WORKS

FCA FREE CARRIER

FOB FREE ON BOARD

CPT CARRIAGE PAID TO

CFR COST AND FREIGHT

DES DELIVERED EX SHIP

DEQ DELIVERED EX QUAY

DDP DELIVERED DUTY PAID

FAS FREE ALONGSIDE SHIP

DAF DELIVERED AT FRONTIER

DDU DELIVERED DUTY UNPAID

CIF COST, INSURANCE AND FREIGHT

CIP CARRIAGE AND INSURANCE PAID TO

This is page 6/9

Back to page 1/9  2/9  3/9  4/9  5/9  6/9  7/9   8/9  9/9  

 
 
 
 
 
Need help finding something?
Google
 
 

 

Any feedback or suggestions? Please drop us a note - thank you :o)

Home |  Publisher | Contact UsSite Contents |  Secrets of International Trading Contents | ©copyright info