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Incotermes 2000

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Article Index
Incotermes 2000
The customs representation of incoterms
The four groups of incoterms
Essential distinction
Different types of incoterms
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The purpose of Incoterms

  • INCOTERMS : a contraction of "INternational COmmercial TERMS", incoterms define the reciprocal obligations of seller and buyer under an international contract of sale and purchase.
  • Incoterms specify the respective responsibilities of the parties, but do not specify the point at which title is transferred.
  • Incoterms set out how the associated costs and risks are apportioned.


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