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INCOTERMS 2020 APP | ICC

 

The ICC Incoterms® Rules app is the only official tool from the International Chamber of Commerce (ICC) that brings together essential news, information and insight regarding the commercial trade terms in one, easy-to-access location.  
 

The Incoterms® rules define important responsibilities of buyers and sellers for the delivery of goods under sales contracts and serve as authoritative rules for determining how costs and risks are allocated to parties.

 

ICC is the creator of the Incoterms® rules and continues to update the trade terms to keep pace with ever-changing trade landscape. The most current edition of the rules,Incoterms® 2020, includes the following 11 terms:

 

Rules for any mode or modes of transport:

EXW: Ex Works
FCA: Free Carrier
CPT: Carriage Paid To
CIP: Carriage and Insurance Paid To
DAP: Delivered at Place
DPU: Delivered at Place Unloaded
DDP: Delivered Duty Paid


Rules for sea and inland waterway transport:

FAS: Free Alongside Ship
FOB: Free on Board
CFR: Cost and Freight
CIF: Cost Insurance and Freight

 

LINK ► https://2go.iccwbo.org/incoterms-2020-app



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