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incoterms
The Incoterms is a set of international rules, been ruled by the Chamber of International Trade, which determine the scope of the commercial clauses included in the international contract of sale.
The Incoterms also are named clauses of price, since every term allows determining the elements that compose it. The selection of the Incoterm influences the cost of the contract.
The intention of the Incoterms is to provide you a group of international rules for the interpretation of the terms more often used in the international Trade. Do click here to see the summarized table of incoterms.
The Incoterms determine:
The scope of the price
The distribution of risks which must be shared between buyer and seller
The place of delivery of the goods
Which party is going to fix and pay for the transport charges
Which party is going to assume the assurance
Documents involved and cost of each party
Packing and Charcking Control, quality, Measure, Weight, etc.
Cargo (Truck, Wagon) Filling of the container in fabric or warehouse
Interior Tte. Fabric to Port, Airport to Terminal, Containers, Grouping, etc.
Costs Manipulation, Port Goods, Airport, TIR Termianl , Grouping Terminal , Containers, Warehouse, Border
Interior Tte. From Port, to Airport to TIR Terminal, to Warehouse
Reception/Uploading In Fabric - Warehouse
Transport Modality
- M - Marítim
- L - Land
- P - Multipurpose