Incoterms® reference



Download 445.08 Kb.
Date17.12.2020
Size445.08 Kb.
#55137
Incoterm Definitions
Incoterm Definitions

Incoterms® reference

Incoterms are the official International Chamber of Commerce (ICC) rules for the interpretation of trade terms. They provide a precise definition of the responsibilities of the buyer and seller at all stages of the movement of goods.  Incoterms define a point in the journey at which risk for damage or loss of the goods passes from the seller to the buyer; along who must arrange and pay for various costs such as transport, loading and unloading, customs clearance at the ports of export and import, insurance and other services.  Incoterms are internationally recognised contractual terms.



The most recent version is Incoterms 2010 which came into effect on 1 January 2011.
Download 445.08 Kb.

Share with your friends:




The database is protected by copyright ©ininet.org 2024
send message

    Main page