ICC has been writing and publishing the Incoterms® rules for more than 80 years, providing importers, exporters, lawyers, transporters, insurers, and students in the international arena with rules and guidance reflecting evolving market practices in B2B trade in goods.
The Incoterms® rules define important responsibilities of buyers and sellers for the transport and delivery of goods under B2B sale contracts, including by allocating costs and risks between the buyer and seller for key obligations related to transport and export/import formalities. The Incoterms® rules are regularly incorporated into B2B contracts for the sale of goods worldwide and are part of the daily language of trade.
Incoterms® 2020 contains the ICC rules for use of the 11 Incoterms® 2020 trade terms. It takes into account the latest developments in commercial practice and updates the rules to make them more accessible and easier to use.
The new rules entered into force on 1 January 2020. Traders are encouraged to make reference to the Incoterms® 2020 rules as the latest version of the trade terms.
From English to Pashto, this edition has been translated almost 30 languages, check availability with your local ICC office.
Discover the key changes in Incoterms® 2020 or download the Incoterms®2020 mobile application via the Apple App Store and Google Play.
Kindly note that the eBook link is for one user only.
The eBook cannot be lent (one eBook link per user).
eBook: 723E Incoterms® 2020 English
Code ISBN : 978-92-842-0511-0 Number of pages : 204 Publishing date : 2019 Language : English Format in cm : N/A TABLE OF CONTENTS
INTRODUCTION TO INCOTERMS® 2020……………………................................................……...1
RULES FOR ANY MODE OR MODES OF TRANSPORT............................................................….21
EXW | Ex Works. . . . . . . . . . . . . . . . . . . . . . . . . . ....................................................................... . . ..21
FCA | Free Carrier . . . . . . . . . . . . . . . ................ . . ….......................................................................29
CPT | Carriage Paid To . . . . . . . . . . . . . . .............. . ........................................................................ .41
CIP | Carriage and Insurance Paid To. . . . . . ....................................................................... . .... . . . 51
DAP | Delivered at Place. . . . . . . . . . . . . .. . . . …............................................................................. .63
DPU | Delivered at Place Unloaded. . . ...................................................................................... . .... .73
DDP | Delivered Duty Paid. . . . . . .. . ............ . . ........................................................................ …….83
RULES FOR SEA AND INLAND WATERWAY TRANSPORT…....................................................….99
FAS | Free Alongside Ship. . . . . . . .......................................................................................... . . . ... .93
FOB | Free On Board. . . . . . . . . . . . . . . . . ....................................................................... . ..….…. .103
CFR | Cost and Freight. . . . . . . . . . . . . . . . . ....................................................................... . . . . .....113
CIF | Cost Insurance and Freight. . . . . . . .. ...................................................................... . . . . ……123
ARTICLE-BY-ARTICLE TEXT OF RULES. . . . . . . . . ......................................................................135
INCOTERMS® 2020 DRAFTING GROUP. . . . . . . . ...................................................................... . 182