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Practical Guide to Incoterms 2020 (eBook)

Pages: 127
Format PDF pdf
Instant download after purchase
Updated edition (last version of Incoterms)
Author: Olegario Llamazares
ISBN: 978-84-949771-3-8
Language: English
12,00 €
Incoterms rules (INternational COmmerce TERMS) are a total of eleven terms published by the International Chamber of Commerce (ICC) which define costs, risks and obligations of buyers and sellers in international transactions. The purpose of this eBook is to provide companies and international trade executives with a practical guide that allows them to use Incoterms correctly at three levels: legally, logistically and commercially.
This eBook analyses the eleven Incoterms, providing in-depth explanations of concepts such as: place of delivery and reception of goods, loading/unloading, delivery document, export/import procedures, transfer of risks in transport, insurance, methods of payment, allocation of costs between seller and buyer, etc.
To help in understanding the texts, numerous graphs, summary tables and examples are included that explain the obligations of sellers and buyers. Moreover, for each Incoterm there is a practical advice section and examples of the international trade operations for which they are most suitable.
The Practical Guide to Incoterms is an essential tool for exporters, importers, brokers and commercial agents, forwarders and logistics professionals, bankers, insurers, consultants, international lawyers, trade associations, chambers of commerce as well as teachers and students of international trade.
Table of Contents
¿What are Incoterms rules?

- Classification of Incoterms
- Main changes in last edition (Incoterms 2020)
- Aspects of foreign trade that Incoterms do not regulate
- Variants of Incoterms

¿What are Incoterms used for?
- The place of delivery

  - Documents and customs procedures
- Transfer of risks in transport
- Allocation of logistics costs

Obligations of sellers and buyers

- EXW Ex Works
- FCA Free Carrier
- FAS Free Alongside Ship
- FOB Free On Board

- CPT Carriage Paid To
- CFR Cost and Freight
- CIP Carriage and Insurance Paid to
- CIF Cost, Insurance and Freight
- DAP Delivered At Place
- DPU Delivered at Place Unloade
- DDP Delivered Duty Paid

Ten keys for the professional use of Incoterms