What are Incoterms (2000) conditions?
The International Chamber of Commerce has established standard delivery terms to be used in international sales contract. The use of these terms can affect more than just when and where delivery is deemed to take place. When used in a contract, these terms also allocate certain responsibilities between the Atuna users, including responsibility for (i) loading and unloading; (ii) storage; (iii) ocean and inland transport; (iv) insurance; (v) taxes, import duties, and consular fees; and (vi) customs clearances. Accordingly, it is important to understand the full impact of these terms before signing a contract involving into a Atuna transaction. Definition of Terms available for transactions concluded at atuna. Incoterms (2000): Ex Works. “Ex works” means the seller’s only responsibility is to make the goods available at the seller’s premises, i.e., the works or factory. In particular, seller is not responsible for loading the goods on the vehicle provided by the buyer unless otherwise ag