Incoterms 2000

Incoterms 2000

Incoterms 2000Click on the image to enlargeIncoterms 2000, or International Commercial Terms is international set of rules and agreement of transferring goods and risk from seller to buyer. It is important when negotiating purchase of goods both parties need to pay as much attention of terms and responsibilities related with transfer of goods as well. For that reason international agreement Incoterms 2000 has been adopted that defines the exact responsibilities between shipper and consignee while cargo is in transit.

Incoterms 2000

Incoterms 2000Warehouse LoadingExport Customs DutyTransport to port of loadingUnload from truck at port of originLanding on vessel at origin's portAir, Ocean FreightUnload from vessel at destinationLoad onto truck from the importers' portTransport to destinationInsuranceEntry - Customs clearanceCustoms Duties and Taxes at entry
EXW Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FCA Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FAS Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FOB Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer
CFR Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer
CIF Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Seller Buyer Buyer
CPT Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer
CIP Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Seller Buyer Buyer
DAF Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer
DES Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Seller Buyer Buyer
DEQ Seller Seller Seller Seller Seller Seller Seller Buyer Buyer Seller Buyer Buyer
DDU Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer
DDP Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller