Incoterms 2010

Incoterms 2010

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A conglomerate of international rules, developed and issued by the ICC (International Chamber of Commerce) interpreting the major terms of delivery common in foreign trade contracts. In the incoterms the rights and the obligations of seller and buyer are defined with respect to: - party responsible for packing, transport insurance, transport, transport / customs documentation; - party which has to pay for the activities mentioned above; - transfer of the risk (i.e. at which point and time passes the risk from the seller over to the buyer).

 

Group E    Departure
EXW EX Works ( ... named place)
Group F     Main Carriage Unpaid
FCA Free Carrier (...named place)
FAS Free Alongside Ship (... named port of shipment)
FOB Free On Board (... named port of shipment)
Group C     Main Carriage Paid
CFR Cost and Freight (... named port of destination)
CIF Cost, Insurance and Freight (... named port of destination)
CIP Carriage and Insurance Paid Тo (... named place of destination)
CPT Carriage Paid To (... named place of destination)
Group D     Arrival
DAP Delivered At Place (... named place of destination)
DAT Delivered At Terminal (... named place of destination)
DDP Delivered Duty Paid (... named place of destination)