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Incoterms is an abbreviation of International Commercial Terms. The goal of the Incoterms 2010 is to alleviate or reduce confusion over interpretations of shipping terms, by outlining exactly who is obligated to take control of and/or insure goods at a particular point in the shipping process. Presently when parties negotiate their contract individually, they should take care not only to refer to Incoterms but also to add the year 2010. Write your Delivery term followed by Incoterms 2010.
When you are buying and selling products from and to an other country you should know well about Incoterms 2010 such as FOB, CIF, CFR, DAT, DAP, DDP, EXW.
Incoterms selector is a free tool for buyers and sellers to determine the appropriate Incoterm. Incoterms 2010 selector is free because most of the information on this site can be found all around the web. I just bundled this information, made the Incoterms selector and added some nice graphics. Thanks for visiting my site and don't forget to promote Incoterms 2010 selector to your business partners. Next>> |
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