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1.FAS FREEALONGSIDESHIP (namedportofshipment)“FreeAlongsideShipmeansthatthesellerdeliverswhenthegoodsareplacedalongsidethevesselatthenamedportofshipment.Thismeansthatthebuyerhastobearallcostsandrisksoflossofordamagetothegoodsfromthatmoment THESELLERSOBLIGATIONSA1Provisionofgoodsinconformitywiththecontract A2Licences,authorisationsandformalitiesA3ContractsofcarriageandinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-marking THEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsand.formalities.B3ContractsofcarriageandinsuranceB4 TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods2.FOB FREEON BOARD (.namedportofshipment)“FreeonBoardmeansthatthesellerdeliverswhenthegoodspasstheshipsrailatthenamedportofshipment.Thismeansthatthebuyerhastobearallcostsandrisksoflossofordamagetothegoodsfromthatpoint.TheFOBtermrequiresthesellertoclearthegoodsforexport.Thistermcanbeusedonlyforseaorinlandwaterwaytransport.Ifthepartiesdonotintendtodeliverthegoodsacrosstheshipsrail,theFCAtermshouldheused. THESELLERSOBLIGATIONSA1ProvisionofgoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3ContractsofcarriageandinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-marking THEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsandformalitiesB3Contractofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothebuyerB8 Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods3. CFR COST AND FREIGHT (.namedportofdestinaion)“CostandFreightmeansthatthesellerdeliverswhenthegoodspasstheshipsrailintheportofshipmentTHESELLERSOBLIGATIONSA1ProvisionofgoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage h)ContractofinsuranceA4DeliveryA5TransferOfrisksA6DivisionofcostsA7NoticethebuyerA8 Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packing-markingTHEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsamformalitiesB3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferOfrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods4.CIF COST,INSURANCEANDFREIGHT (.namedportofdestination)“Cost,InsuranceandFreightmeansthatthesellerdeliverswhenthegoodspasstheshipsrailintheportofshipment. THESELLERSOBLIGATIONSA1ProvisionofgoodsInconformitywiththecontractA2Licences,authorisationandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-marking THEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationandformalitiesB3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessage B9Inspectionofgoods5.CPT CarriagePaidTo (.namedplaceofdestination)carriagepaidto.meansthatthesellerdeliversthegoodstothecarriernominatedbyhim,butthesellermustinadditionpaythecostofcarriagenecessarytobringthegoodstothenameddestination.Thismeansthatthebuyerbearsaftrisksandanyothercostsoccurringafterthegoodshavebeensodelivered.THESELLERSOBLIGATIONSA1ProvisionofgoodsinconformitywiththecontractA2Licences,authorisationandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-markingTHEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationandformalitiesB3contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods6.CIP CARRIAGEANDINSURANCEPAIDTO (.namedplaceofdestination) “CarriageandInsurancepaidto.”meansthatthesellerdeliversthegoodsthecarriernominatedbyhimbutthesellermustmadditionpaythecostofcarriagenecessarytobringthegoodstothenameddestination.Thismeansthatthebuyerbearsallrisksandanyadditionalcostsoccurringafterthegoodshavebeensodelivered.However,inCIPtheselleralsohastoprocureinsuranceagainstthebuyersriskoflossofordamagetothegoodsduringthecarriage.THESELLERSOBLIGATIONSA1ProvisionofgoodsinConformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TranderofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-markingTHEBUYERSOBLIGATIONSBlPaymentofthepriceB2Licences,authorisationsandformalitiesB3Contractsofcarriageandinsurancea)Contractofcarriage h)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods7.DAF DELIVEREDATFRONTIER (.namedplace)DeliveredatFrontiermeansthatthesellerdeliverswhenthegoodsareplacedatthedisposalofthebuyeronthearrivingmeansoftransportnotunloaded,clearedforexport,butnotclearedforimportatthenamedpointandplaceatthefrontier,butbeforethecustomsborderoftheadjoiningcountry.THESELLERSOBLIGATIONSA1provisionofgoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3ContractsofcarriageandInsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7Noticetothe buyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageTHEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsandformalitiesB3ContractsofcarriageandInsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods8.DES DELIVEREDEXSHIP (.namedportofdestination)DeliveredExShipmeansthatthesellerdeliverswhenthegoodsareplacedatthedisposalofthebuyeronboardtheshipnotclearedforimportatnamedportofdestination.Thesellerhastobearallthecostsandrisksinvolvedinbringingthegoodstothenamedportofdestinationbeforedischarging.Ifthepartieswishthesellertobearthecostsandfishofdischargingthegoods,thentheDEQtermshouldbeused.THESELLERSOBLIGATIONSA1ProvisionofgoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-markingTHEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsandformalitiesB3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods9.DEQ DELIVEREDEXQUAY (.namedportofdestination)“DeliveredExQuaymeansthatthesellerdeliverswhenthepodsareplacedatthedisposalofthebuyernotclearedforimportonthequay(wharf)atthenamedportofdestination.Thesellerhastobearcostsandrisksinvolvedmbringingthegoodstothenamedportofdestinationanddischargingthegoodsonthequay(wharf).TheDEQtermrequiresthebuyertoclearthegoodsforandtopayforallformalities,duties,taxesandotherchargesuponimport. A THE SELLERS OBLIGATIONS A1provisionofgoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8TransportdocumentorequivalentelectronicmessageA9Checking-packaging-markingTHEBUYERSOBLIGATIONSB1PaymentofpriceB2Licences,authorisationsandformalitiesB3Contractsofcarriageandinsurancea)Contractsofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods10.DDU DELIVEREDDUTYUNPAID (.namedplaceofdestination)“Delivereddutyunpaidmeansthatthesellerdeliversthegoodstodiebuyer,notclearedforimport,andnotunloadedfrommyarrivingmeansoftransportatthenamedplaceofdestination.Thesellerhastobearthecostsandrisksinvolvedinbringingthegoodsthereto,otherthan,whereapplicable1,any“duty”(Whichtermincludestheresponsibilityforandtherisksofthecarryingoutofcustomsformalities,andthepaymentofformalities,customduties,taxesandothercharges)forimportinthecountryofdestination.Suchdutyhastobebornebythebuyeraswellasanycostsandriskscausedbyhisfailuretotoclearthegoodsforimportintime.THESELLERSOBLIGATIONSA1ProvisionofthegoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ontractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packaging-markingTHEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsandformalitiesB3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods11.DDP DELIVEREDDUTYPAID (.namedplaceofdestination)“Delivereddutypaidmeansthatthesellerdeliversthegoodstothebuyer,forimport,andnotunloadedfromanyarrivingmeansoftransportatthenamedplaceofdestination.Thesellerhastobearallthecostsandrisksinvolvedbringingthegoodstheretoincluding,whereapplicable1,anyduty(whichtermincludestheresponsibilityforandtheriskofthecarryingoutofcustomsformalitiesandthepaymentofformalities,customsduties,taxesandothercharges)forimportmthecountryofdestination.THESELLERSOBLIGATIONSA1ProvisionofthegoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage bContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofCostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessageA9Checking-packing-markingTHEBUYERSOBLIGATIONSB1PaymentofthepriceB2Licences,authorisationsandformalitiesB3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceB4TakingdeliveryB5TransferofrisksB6DivisionofcostsB7NoticetothesellerB8Proofofdelivery,transportdocumentorequivalentelectronicmessageB9Inspectionofgoods12.EXW EXWORKS(.namedplace)“Exworksmeansthatthesellerdeliverswhenheplacesthegoodsatthedisposalofthebuyeratthesellerspremisesoranothernamedplace(i.e.wa&s,factory,warehouse,etc.)notclearedforexportandnotloadedonanycollectingvehicle.THESELLERSOBLIGATIONSA1ProvisionofgoodsinconformitywiththecontractA2Licences,authorisationsandformalitiesA3Contractsofcarriageandinsurancea)Contractofcarriage b)ContractofinsuranceA4DeliveryA5TransferofrisksA6DivisionofcostsA7NoticetothebuyerA8Proofofdelivery,transportdocumentorequivalentelectronicmessagesA9CheckingpackingmarkingTHEBUYERSOBLIGATIONS B1PaymentofthepriceB2Licences,authorisationsandformalitiesB3Contr
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