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1、1,Chapter Seven Incoterms,2,7.1 Introduction,7.1 Introduction 1. First published by the ICC in 1936 2. Purpose-to provide a set of international rules for the interpretation of the most commonly used trade terms,3,(1) to determine when to transfer the risk (2) to specify who is going to subscribe th
2、e contract of carriage (3) to distribute between the seller and buyer the logistic and administrative expenses (4) to define who is responsible for packaging, marking, operations of handling, loading and unloading, inspection of the goods (5) to confirm and fix respective obligations for the achieve
3、ment of the formalities of exportation and importation, the payment of the rights and taxes of importation,4,7.2 INCOTERMS,There are currently 13 Incoterms in use and they are categorized in four groups, designated by the first letter of the term (acronym), as follows: Group E - Departure Group F -
4、Main Carriage Not Paid By Seller Group C - Main Carriage Paid By Seller Group D - Arrival,5,7.2.1 Group E - Departure The “E”-term is the term in which the sellers obligation is at its minimum. EXW- Ex Works(named place) Seller delivers when goods placed at disposal of buyer,6,7,7.2.2 Group F - Main
5、 Carriage Not Paid By Seller The “F”-terms require the seller to deliver goods for carriage as instructed by the buyer. FCA FAS FOB,8,9,10,11,7.2.3 Group C - Main Carriage Paid By Seller The “C” terms require the seller to contract for carriage at his expense to a specified point. CFR CIF CPT CIP,12,13,14,15,16,7.2.4 Group D - Arrival The “D” terms require the seller to take the goods all the way to destinatio
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