Incoterms 2000

International rules for interpretation of trade terms

Incoterms - international rules for the interpretation of trade terms, which define the responsibilities of the seller and buyer in the performance of foreign trade transactions and thereby reduce the risk of the parties.

Incoterms was founded by the International Chamber of Commerce in 1936. The document was amended in 1953, 1967, 1976, 1980, 1990, 2000 and 2010.

Below you can find the detailed description of Incoterms 2000.

Group Е - Departure.

  • EXW - EX Works (... named place)

Group F - Unpaid main carriage.

  • FCA - Free Carrier (... named place)
  • FAS - Free Alongside Ship (... named port of shipment)*
  • FOB - Free On Board (... named port of shipment)*

Group С - The Main carriage has already been paid.

  • CFR - Cost and Freight (... named port of destination)*
  • CIF - Cost, Insurance and Freight (... named port of destination)*
  • CPT - Carriage Paid To (... named place of destination)
  • CIP - Carriage and Insurance Paid Тo (... named place of destination)

Group D - Arrival.

  • DAF - Delivered At Frontier (... named place)
  • DES - Delivered Ex Ship (... named port of destination)*
  • DEQ - Delivered Ex Quay (... named port of destination)*
  • DDU - Delivered Duty Unpaid (... named place of destination)
  • DDP - Delivered Duty Paid (... named place of destination)

* - Only maritime and inland waterway transport

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