New Incoterms, approved by the Chamber of Commerce of Paris, came fully into force on 1st January 2010. "Incoterms" are the sale terms of transportation, they regulate and define who is charged of costs and responsibilities of the transported goods.


EXW: EX WORKS
FCA: FREE CARRIER
CPT: CARRIAGE PAID TO
CIP: CARRIAGE AND INSURANCE PAID TO
DAT: DELIVERED AT TERMINAL
DAP: DELIVERED AT PLACE
DDP: DELIVERED DUTY PAID
FAS: FREE ALONGSIDE SHIP
FOB: FREE ON BOARD
CFR: COST AND FREIGHT
CIF: COST INSURANCE AND FREIGHT

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