[vc_row css=”.vc_custom_1509957633895{padding-bottom: 50px !important;}”][vc_column][vc_custom_heading text=”WHAT ARE INCOTERMS?” font_container=”tag:h1|text_align:left” use_theme_fonts=”yes”][vc_column_text]INCOTERMS are a set of three-letter standard trade terms most commonly used in international contracts for the sale of goods. It is essential that you are aware of your terms of trade prior to shipment.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”EXW (EX WORKS)” description_item=”EX Works EXW named place Incoterms\u00ae 2010 \u2014 This term may be used for either domestic or international trade.”][\/vc_column][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”FCA (FREE CARRIER)” description_item=”Free Carrier FCA named place Incoterms\u00ae 2010 \u2014 This term may be used whatever mode or modes of transport will be used.”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CPT (CARRIAGE PAID TO)” description_item=”Carriage Paid To CPT named place Incoterms\u00ae 2010 \u2014 This term may be used whatever mode or modes of transport will be used.”][\/vc_column][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CIP (CARRIAGE & INSURANCE PAID)” description_item=”Carriage and Insurance Paid CIP to named place Incoterms\u00ae 2010 \u2014 This term may be used whatever mode or modes of transport will be used.”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”DAT (DELIVERED AT TERMINAL)” description_item=”Delivered at Terminal DAT named place Incoterms\u00ae 2010 \u2014 This term may be used regardless of the mode or modes of carriage to be used.”][\/vc_column][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”DAP (DELIVERED AT PLACE)” description_item=”Delivered at Place DAP named place Incoterms\u00ae 2010 \u2014 This term may be used whatever mode or modes of transport will be used.”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”DDP (DELIVERED DUTY PAID)” description_item=”Delivered Duty Paid DDP named place of destination Incoterms\u00ae 2010 \u2014 This term may be used whatever mode or modes of transport may be used.”][\/vc_column][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”FAS (FREE ALONGSIDE SHIP)” description_item=”Free Alongside Ship FAS named port of shipment Incoterms\u00ae 2010 \u2014 The seller delivers the goods when they are placed alongside the vessel nominated”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”FOB (FREE ON BOARD)” description_item=”Free On Board FOB named port of shipment Incoterms\u00ae 2010 \u2014 There is a significant change from the meaning of this term in former revisions of”][\/vc_column][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CFR (COST & FREIGHT)” description_item=”Cost and Freight CFR named port of destination Incoterms\u00ae 2010 \u2014 This rule is intended for use only when carriage is by sea or inland waterway.”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”CIF (COST INSURANCE & FREIGHT)” description_item=”Cost Insurance and Freight CIF named port of destination Incoterms\u00ae 2010 \u2014 This term is to be used only when carriage is by sea or inland waterway.”][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row css=”.vc_custom_1509957633895{padding-bottom: 50px !important;}”][vc_column][vc_custom_heading text=”WHAT ARE INCOTERMS?” font_container=”tag:h1|text_align:left” use_theme_fonts=”yes”][vc_column_text]INCOTERMS are a set of three-letter standard trade terms most commonly used in international contracts for the sale of goods. It is essential that you are aware of your terms of trade prior to shipment.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/2″][cms_fancybox_single fancy_style=”style-4″ title_item=”EXW (EX WORKS)” description_item=”EX Works EXW named place Incoterms\u00ae 2010<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/left-sidebar.php","meta":{"footnotes":""},"class_list":["post-951","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=\/wp\/v2\/pages\/951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=951"}],"version-history":[{"count":0,"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=\/wp\/v2\/pages\/951\/revisions"}],"wp:attachment":[{"href":"https:\/\/demo.exptheme.com\/pifour\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}