ICC Guide to Incoterms 2000

FROM THE PUBLISHER

Incoterms, INternational COmmercial TERMS, are the official rules for the worldwide interpretation of trade terms developed under the auspices of the International Chamber of Commerce, Paris, France. They are the most basic contractual component of export transactions. Without a reference to Incoterms such as FOB, DDU, or CIF, an export contract will lack a clear allocation of transport responsibilities.

ICC Guide to Incoterms 2000 is designed to meet your needs:

The Introduction answers basic questions including, What are Incoterms and what can they do for you? How do you reference Incoterms in a contract of sale? What are the main differences between Incoterms 1990 and Incoterms 2000? Chapter 1 describes the differences between F-terms C-terms and D-terms. Chapter 2 provides an overview of the obligations of buyer and seller. The Final Section takes you through each of the Incoterms, section-by-section, with expert commentary accompanying each term. Plus! ICC Guide to Incoterms 2000 contains newly designed 4-color graphics and illustrations including a mirror explanation of each term.

ICC Guide to Incoterms 2000 will enhance your understanding of how the 13 Incoterms work in your everyday transactions. Exporters, importers, international attorneys and bankers, transport executives, students and teachers will profit from having ICC Guide to Incoterms 2000 in hand. It will remain an indispensable companion to all ICC products in the Incoterms 2000 series.

SYNOPSIS

ICC's Guide provides you with a terms-by-term review of the new Incoterms and with expert commentary on each obligation of the seller and buyer. The Introduction has been elaborated to answer your basic questions: * What are Incoterms and what can they do for you? * How do you reference Incoterms in a contract of sale? * What are the main differences between Incoterms 1990 and Incoterms 2000?

Chapter 1 describes the differences between F-terms C-terms and D-terms. Chapter 2 provides an overview of the obligations of the buyer and seller. The Final Section takes you through each of the Incoterms section-by-section with detailed commentary surrounding each point. Plus! the Guide contains newly designned 4-color graphics and illustrations -- including a mirror explanation of each of the 13 Incoterms highlighting all the issues.