Incoterms

International commercial terms and the rules of Incoterms, published by the International Chamber of Commerce (ICC) is widely used in international commercial operations. Incoterms rules provided for in the terms of trade, which provides a safe transportation of cargo. Incoterms rules are marked by  series of three letters, which are precisely defined tasks, costs and risks associated with the transportation and delivery of goods.

Incoterms rules are accepted and recognized by many governments to explain the terms of international trade. Incoterms rules was first published in 1936 and then periodically improved.

The eighth version of the "Incoterms - 2010" published in the January 1, 2011.

EXW
EX Works
 

FCA
Free Carrier
 

CPT

Carriage Paid To
 

CIP
Carriage and Insurance Paid To

DAT

Delivered at Terminal
 

DAP

Delivered at Place
 

DDP

Delivered Duty Paid
 

FAS
Free Alongside Ship
 

FOB
Free on Board
 

CFR

Cost and Freight
 

CIF

Cost Insurance and Freight