This introduction explains what the Incoterms® 2020 rules do and do NOT do and how they are best incorporated.

It sets out the important fundamentals of the Incoterms® rules: the basic roles and responsibilities of seller and buyer, delivery, risk, and the relationship between the Incoterms® rules and the contracts surrounding a typical contract of sale for export/import and also, where appropriate, for domestic sales.

The text explains how best to choose the right Incoterms® rule for the particular sale contract; and sets out the central changes between Incoterms® 2010 and Incoterms® 2020.

RULES FOR ANY MODE OR MODES OF TRANSPORT

  • EXW | Ex Works
  • FCA | Free Carrier
  • CPT | Carriage Paid To
  • CIP | Carriage and Insurance Paid To
  • DAP | Delivered at Place
  • DPU | Delivered at Place Unloaded
  • DDP | Delivered Duty Paid


RULES FOR SEA AND INLAND WATERWAY TRANSPORT

  • FAS | Free Alongside Ship
  • FOB | Free On Board
  • CFR | Cost and Freight
  • CIF | Cost Insurance and Freight
Code ISBN : Free0028
Number of pages : 18
Publishing date : 2019-11-07
Language : English

INTRODUCTION TO INCOTERMS® 2020


RULES FOR ANY MODE OR MODES OF TRANSPORT

  • EXW | Ex Works
  • FCA | Free Carrier
  • CPT | Carriage Paid To
  • CIP | Carriage and Insurance Paid To
  • DAP | Delivered at Place
  • DPU | Delivered at Place Unloaded
  • DDP | Delivered Duty Paid


RULES FOR SEA AND INLAND WATERWAY TRANSPORT

  • FAS | Free Alongside Ship
  • FOB | Free On Board
  • CFR | Cost and Freight
  • CIF | Cost Insurance and Freight


ARTICLE-BY-ARTICLE TEXT OF RULES


INCOTERMS® 2020 DRAFTING GROUP


INCOTERMS® PUBLICATIONS AND RESOURCES


OTHER INTERNATIONAL TRADE RELATED PUBLICATIONS

International Chamber of Commerce

Customers who bought this product also bought