Résumé de section

    • Incoterms, short for **International Commercial Terms**, are a set of globally recognized rules that define the responsibilities of buyers and sellers in international trade. Established by the **International Chamber of Commerce (ICC)**, these terms clarify various aspects of shipping and delivery, including:

      - **Transfer of Risk**: When does the responsibility for the goods shift from the seller to the buyer?
      - **Cost Allocation**: Who is responsible for transportation costs, insurance, and other expenses?
      - **Delivery Points**: Where must the goods be delivered?

      Incoterms are not legally binding unless included in a sales contract, but they provide a standardized framework that helps prevent misunderstandings in international transactions. The latest version, **Incoterms 2020**, includes 11 terms that are applicable to different modes of transport, with some terms specifically designed for maritime transport.

      ### Key Incoterms (2020)
      1. **EXW (Ex Works)**: The seller makes the goods available at their premises; the buyer assumes all risks and costs from that point.
      2. **FCA (Free Carrier)**: The seller delivers goods to a carrier chosen by the buyer at a specified location.
      3. **CPT (Carriage Paid To)**: The seller pays for transportation to a specified destination, but risk transfers to the buyer upon delivery to the carrier.
      4. **CIP (Carriage and Insurance Paid To)**: Similar to CPT, but the seller also provides insurance.
      5. **DAP (Delivered at Place)**: The seller is responsible for all costs and risks until the goods are delivered at a specified location.
      6. **DPU (Delivered at Place Unloaded)**: The seller delivers and unloads the goods at a specified destination.
      7. **DDP (Delivered Duty Paid)**: The seller assumes all costs and risks until the goods are delivered and cleared for import.

      For sea transport, additional terms include:
      - **FAS (Free Alongside Ship)**
      - **FOB (Free on Board)**
      - **CFR (Cost and Freight)**
      - **CIF (Cost, Insurance, and Freight)**

      These terms help facilitate smooth transactions by providing clarity on each party's obligations and minimizing potential disputes during shipping processes[1][2][4][6].

      Citations:
      [1] https://www.time-matters.com/emergency-logistics-glossary/incoterms/
      [2] https://www.ups.com/us/en/supplychain/resources/glossary-term/incoterms.page
      [3] https://en.wikipedia.org/wiki/Incoterm
      [4] https://www.investopedia.com/terms/i/incoterms.asp
      [5] https://www.xeneta.com/blog/incoterms
      [6] https://www.acerislaw.com/incoterms-in-international-trade/
      [7] https://www.dhl.com/nl-en/home/global-forwarding/freight-forwarding-education-center/incoterms-explained.html
      [8] https://www.lloydsbank.com/business/resource-centre/business-guides/incoterms.html

    • all about incoterms

    • version francaise