| Incoterms
2000
FCA
(Free
Carrier (...named place))
FOB
Free
on Board (.. named port of shipment)
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Incoterms
2000
"Incoterm" are the official International Chamber of Commerce
(ICC) rules for the interpretation of international trade terms that
defines the respective roles of the buyer and seller in the arrangement of
transportation and other responsibilities and clarify when the ownership
of the goods takes place.
Incoterms 2000 should be incorporated into international sales
contracts starting January 1, 2000. Incoterms 2000 have been revised for
the new millennium in line with developments in commercial practice taking
into account the increased use of intermodal transport. The new terms
provide for the delivery of goods from seller to buyer at any point in the
transport chain instead of concentrating as in the past on the moment the
goods cross the ship's rail. Another significant advantage of Incoterms
2000 is that they clearly allocate the loading and unloading obligations
of both buyer and seller
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