Incoterms 2010 - it is international rules, recognized by government agencies, law firms and traders around the world as the best interpretation of the applicable international trade terms.
Scope of activities Incoterms 2010 spread on the rights and obligations of the parties under the contract of sale of goods delivery (terms of delivery of goods).
Each term Incoterms 2010 is an acronym of three letters.
Here is a complete list of Incoterms 2010 and appropriate comments.
| Term | Transport type | Description |
|---|---|---|
| EXW | any type of transport | EX Works (... place name) |
| FCA | any type of transport | Free Carrier (... place name) |
| FAS | marine and internal water transport | Free Alongside Ship (... port of shipment name) |
| FOB | marine and internal water transport | Free On Board (... port of shipment name) |
| CFR | marine and internal water transport | Cost and Freight (... port of destination name) |
| CIF | marine and internal water transport | Cost, Insurance and Freight (... port of destination name) |
| CIP | any type of transport | Carriage and Insurance Paid To (... place of destination name) |
| CPT | any type of transport | Carriage Paid To (... place of destination name) |
| DAT | any type of transport | Delivered At Terminal (... terminal name) |
| DAP | any type of transport | Delivered At Point (... point name) |
| DDP | any type of transport | Delivered Duty Paid (... place of destination name) |
| any type of transport | Excluded from the Incoterms 2010 Delivered Duty Unpaid (... place of destination name) | |
| any type of transport | Excluded from the Incoterms 2010 Delivered At Frontier (... place of delivery name) | |
| any type of transport | Excluded from the Incoterms 2010 Delivered Ex Quay (... port of destination name) | |
| any type of transport | Excluded from the Incoterms 2010 Delivered Ex Ship (... port of destination name) |