Incoterms

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Most Common INCOTERMS

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Incoterms

  1. 1. INCOTERMS 2000 These are in ternationally accepted co mmercial terms defining the respective roles and responsibilities (including costs ) of the buyer and seller in the arrangement of transportation and other obligations INCOTERMS Jorge Lopez Sugar Division
  2. 2. INCOTERMS 2000 <ul><li>Group E - Departure : </li></ul><ul><ul><li>EXW. Ex Works (named place) </li></ul></ul><ul><li>Group F - Main Carriage Unpaid: </li></ul><ul><ul><li>FCA Free Carrier (named place) </li></ul></ul><ul><ul><li>FAS Free Alongside Ship (named loading port ) </li></ul></ul><ul><ul><li>FOB Free On Board (named loading port ) </li></ul></ul>
  3. 3. INCOTERMS 2000 <ul><li>Group C - Main Carriage Paid: </li></ul><ul><ul><li>CFR Cost and Freight (named destination port ) </li></ul></ul><ul><ul><li>CIF Cost, Insurance and Freight (named destination port ) </li></ul></ul><ul><ul><li>CPT Carriage Paid To (named destination) </li></ul></ul><ul><ul><li>CIP Carriage and Insurance Paid to (named destination) </li></ul></ul><ul><li>Group D - Arrival: </li></ul><ul><ul><li>DAF Delivered At Frontier (named place) </li></ul></ul><ul><ul><li>DES Delivered Ex Ship (named port ) </li></ul></ul><ul><ul><li>DEQ Delivered Ex Quay (named port ) </li></ul></ul><ul><ul><li>DDU Delivered Duty Unpaid (named destination place) </li></ul></ul><ul><ul><li>DDP Delivered Duty Paid (named destination place) </li></ul></ul>
  4. 4. Incoterms 2000 EXW SELLER BUYER FCA FAS FOB CFR CIF CPT CIP DES DEQ DDU DDP DAF FCA CPT CIP
  5. 5. INCOTERMS 2000 EXW <ul><li>Group E - Departure: </li></ul><ul><ul><li>EXW. Ex Works (named place) </li></ul></ul>------ = Buyer’s COST & CONTROL SELLER BUYER
  6. 6. INCOTERMS 2000 FCA FAS FOB Group F - Main Carriage Unpaid: FCA Free Carrier (named place) – previously FRC FAS Free Alongside Ship (named loading port ) FOB Free On Board (named loading port ) =Seller’s COST & CONTROL ------ = Buyer’s COST & CONTROL FCA FCA SELLER BUYER
  7. 7. INCOTERMS 2000 CFR CIF CPT CIP <ul><li>Group C - Main Carriage Paid : (by the seller) </li></ul><ul><ul><li>CFR Cost and Freight (named destination port ) </li></ul></ul><ul><ul><li>CIF Cost, Insurance and Freight (named destination port ) </li></ul></ul><ul><ul><li>CPT Carriage Paid To (named destination) </li></ul></ul><ul><ul><li>CIP Carriage and Insurance Paid to (named destination </li></ul></ul>=Seller’s COST & CONTROL ------ = Buyer’s COST & CONTROL CPT CIP SELLER BUYER
  8. 8. INCOTERMS 2000 DDU DDP <ul><li>Group D - Arrival: </li></ul><ul><ul><li>DAF Delivered At Frontier (named place) </li></ul></ul><ul><ul><li>DES Delivered Ex Ship (named port ) </li></ul></ul><ul><ul><li>DEQ Delivered Ex Quay (named port ) </li></ul></ul><ul><ul><li>DDU Delivered Duty Unpaid (named destination place) </li></ul></ul><ul><ul><li>DDP Delivered Duty Paid (named destination place) </li></ul></ul>=Seller’s COST & CONTROL ------ = Buyer’s COST & CONTROL DES DEQ DAF DDU DDP SELLER BUYER

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