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Incoterms 1990 - INternational COmmercial TERMS

Four basic groups

E-terms
F-terms
C-terms
D-terms

Incoterms 1990, "mirrored" correlative obligations of buyer and seller. Grouped under the following 10 heads.

The 13 Incoterms

Group E: Departure term.
EXW - EX WORKS (... named place)
Group F: Shipment terms - Main carriage unpaid.
FCA - FREE CARRIER (... named place)
FAS - FREE ALONGSIDE SHIP (... named port of shipment)
FOB - FREE ON BOARD (... named port of shipment)
Group C: Shipment terms - Main carriage paid.
CFR - COST AND FREIGHT (... named port of destination)
CIF - COST, INSURANCE AND FREIGHT (... named port of destination)
CPT - CARRIAGE PAID TO (... named place of destination)
CIP - CARRIAGE AND INSURANCE PAID TO (... named place of destination)
Group D: Arrival Terms.
DAF - DELIVERED AT FRONTIER (... named place)
DES - DELIVERED EX SHIP (... named port of destination)
DEQ - DELIVERED EX QUAY (DUTY PAID) (... named port of destination)
DDU - DELIVERED DUTY UNPAID (... named place of destination)
DDP - DELIVERED Duty PAID (... named place of destination)

Mode of Transport and the Appropriate Incoterm 1990

Suitable for Any Mode of Transport including Multimodal:
Suitable for Air Transport:
Suitable for Rail Transport:

Obtaining Incoterms

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

Incoterms 1990

[superseded, current Incoterms is Incoterms 2000]

International Chamber of Commerce (ICC)

copy @ Lex Mercatoria

Incoterms 1990 - INternational COmmercial TERMS

Incoterms 1990, "mirrored" correlative obligations of buyer and seller. Grouped under the following 10 heads.

Under Incoterms 1990 all obligations related to a given trade term are grouped under 10 headings, with the obligations for the seller and buyer under each heading stated and mirrored with respect to the same subject matter.

AThe Seller MustBThe Buyer Must
A1Provision of Goods in Conformity with the ContractB1Payment of the Price
A2Licences, Authorisations and FormalitiesB2Licences, Authorisations and Formalities
A3Contract of Carriage and Insurance (a) Contract of carriage (b) Contract of insuranceB3Contract of Carriage
A4DeliveryB4Taking Delivery
A5Transfer of RisksB5Transfer of Risks
A6Division of CostsB6Division of Costs
A7Notice to the BuyerB7Notice to the Seller
A8Proof of Delivery, Transport Document or Equivalent Electronic MessageB8Proof of Delivery, Transport Document or Equivalent Electronic Message
A9Checking - Packaging - MarkingB9Inspection of Goods
A10Other ObligationsB10Other Obligations


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( International Trade/Commercial Law & e-Commerce Monitor )

W3 since October 3 1993
1993 - 2010

started @The University of Tromsø, Norway, 1993
hosted by The University of Oslo, Norway, since 1998
in fellowship with The Institute of International Commercial Law,
Pace University, White Plains, New York, U.S.A.

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Ralph Amissah




Lex Mercatoria