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Incoterms 2000
Language is one of the most complex and important tools of International Trade. As in any complex and sophisticated business, small changes in wording can have a major impact on all aspects of a business agreement.
Word definitions often differ from industry to industry. This is especially true of global trade. Where such fundamental phrases as "delivery" can have a far different meaning in the business than in the rest of the world.
For business terminology to be effective, phrases must mean the same thing throughout the industry. That is why the International Chamber of Commerce created "INCOTERMS" in 1936. INCOTERMS are designed to create a bridge between different members of the industry by acting as a uniform language they can use.
- FAS (Free Alongside Ship)
- FOB (Free on Board)
- CFR (Cost and Freight)
- CIF (Cost, Insurance and Freight)
- DES (Delivered ex Ship)
- DEQ (Delivered ex Quay)
- DAF (Delivered at Frontier)
- EXW (Ex Works)
- FCA (Free Carrier)
- CPT (Carriage Paid to)
- CIP (Carriage and Insurance Paid to)
- DDU (Delivered Duty Unpaid)
- DDP (Delivered Duty Paid)
TRIMAR NEWS
We will partecipate as exhibitors in the booth of Port of Trieste.
We wait for you in Hall 2.2, Booth D-01.
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