e Chapter 1 Trade Terms 静御感成m TianinUnversitypoiscieneedtechnolorgyy 附H
Chapter 1 Trade Terms
⑨&费之婆属 5.1The role of tade tend e Trade terms, also known as price terms or delivery terms, are standardized terms used in sales contracts that describe the place and manner for the transfer of goods from the seller to the buyer
5.1 The role of trade terms Trade terms, also known as price terms or delivery terms , are standardized terms used in sales contracts that describe the place and manner for the transfer of goods from the seller to the buyer
5.2 International rules practice on trade terms e1 Warsaw-OXford Rules 1932(WO Rules, 1932) 2.Revised American Foreign Trade Definition 1941 e3. International rules for the interpretation of trade terms Q静就能
5.2 International rules & practice on trade terms 1.Warsaw-Oxford Rules 1932(W.O.Rules,1932) 2.Revised American Foreign Trade Definition 1941 3.International rules for the interpretation of trade terms
5.2. 1 Warsaw-Oxford rules 1932(W.O.Ruls41932) e This rule was drafted by the association of nternational Law in 1932. t contains 21 clauses, which only stipulate the nature of ciF contract, and the charges, risks and obligations which should be borne by the seller or the buyer. Q静就能
5.2.1.Warsaw-Oxford Rules 1932(W.O.Rules,1932) This rule was drafted by the Association of International Law in 1932. It contains 21 clauses, which only stipulate the nature of CIF contract, and the charges, risks and obligations which should be borne by the seller or the buyer
5.2.2. Revised American Foreign Trade definition 1941 eIt contains 6 trade terms (1)EX(point of origin) (2)FOB-Free On Board. It contains 6 terms. The fifth FOB is FOB vessel(named port of shipment) (3)FAS-Free Along Side(named port of shipment (4)C&F-Cost and Freight (named port of shipment) (5CIF--Cost and Freight (6EX DOCK--named port of important
5.2.2. Revised American Foreign Trade Definition 1941 It contains 6 trade terms: (1)EX (point of origin) (2)FOB—Free On Board. It contains 6 terms.The fifth FOB is FOB vessel (named port of shipment) (3)FAS—Free Along Side (named port of shipment) (4)C&F—Cost and Freight (named port of shipment) (5)CIF—Cost and Freight (6)EX DOCK—named port of important
5.23. International rule for the nterpretation of trade termS( INCOTERMS) e The International Chamber of Commerce (ICC) in Paris developed INCOTERMS(International Commercial TERMS) e It was first published in 1936 and has been periodically revised to account for changing modes of transport and document delivery the current version is Incoterms 2000. which came into force on jan,1.2000 Q静就能
5.2.3. International rule for the interpretation of trade terms( INCOTERMS) The International Chamber of Commerce ( ICC) in Paris developed INCOTERMS(International Commercial TERMS). It was first published in 1936 and has been periodically revised to account for changing modes of transport and document delivery. The current version is Incoterms 2000,which came into force on Jan.1,2000
EXW一 Ex works 工厂交货 E组启运 F组 FCAFree Carrier 货交承运人 主运费未付 FAS-Free Alongside ship船边交货 FOBFree On Board 船上交货 c组CFR- Cost and Freight 成本加运费 成本加保险费、 主运费已付 ClF一 cost insurance and|运费 Freight 运费付至 CPT-Carviage Paid To 运费保险费付至 CIP-Carriage and D组b4 Raid de Frontier边境交货 目的港船上交货 到达 DESDelivered Ex Ship DEQDelivered Ex Quay 目的港码头交货 DDU- Delivered duty未完税交货 Unpaid 完税后交货
边境交货 目的港船上交货 目的港码头交货 未完税交货 完税后交货 DAF一Delivered at Frontier DES一Delivered Ex Ship DEQ一Delivered Ex Quay D D U 一 D e l i v e r e d D u t y Unpaid DDP一Delivered Duty Paid D组 到达 成本加运费 成本加保险费、 运费 运费付至 运费保险费付至 CFR一Cost and Freight CIF一Cost Insurance and Freight CPT一Carriage Paid To CIP一Carriage and Insurance Paid To C组 主运费已付 货交承运人 船边交货 船上交货 FCA一Free Carrier FAS一Free Alongside Ship FOB一Free On Board F组 主运费未付 EXW一Ex works 工厂交货 E 组 启运
5.2.3. International rule for the interpretation of trade termS( INCOTERMS (1)Organization of Incoterms Incoterms are grouped into four categories The"E'terms-The only term where the seller/exporter makes the goods available at his or her own premises to the buyer/importer The"Terms(FCA, FAS and FOB)-Terms where the seller/exporter is responsible to deliver the goods to a carrier named by the buyer Q静就能
5.2.3.International rule for the interpretation of trade terms( INCOTERMS) (1)Organization of Incoterms Incoterms are grouped into four categories: The “E” terms—The only term where the seller/exporter makes the goods available at his or her own premises to the buyer/importer The”F” terms(FCA,FAS and FOB)– Terms where the seller/exporter is responsible to deliver the goods to a carrier named by the buyer
5.2.3. International rule for the interpretation of trade terms( INCOTERMS ●The“c” terms(CFR,CE, CPT and C|P) erms where the seller/exporter is responsible for contracting and paying for carriage of the goods, but not responsible for additional costs or risk of loss or damages to the goods once they have been shipped. C terms evidence shipment as opposed to"arrival)contracts Q静就能
5.2.3.International rule for the interpretation of trade terms( INCOTERMS) The “C” terms(CFR, CIF,CPT and CIP)– Terms where the seller/exporter is responsible for contracting and paying for carriage of the goods, but not responsible for additional costs or risk of loss or damages to the goods once they have been shipped. C terms evidence “shipment”( as opposed to “arrival”) contracts
5.2.3. International rule for the interpretation of trade terms(INCOTERMS e The D terms(DAF, DES, DDU and DDP erms where the seller/exporter is responsible for all costs and risks associated with bringing the goods to the place of destination D terms evidence arrival contracts , iaminunmvrsit iupuI Technology
5.2.3.International rule for the interpretation of trade terms( INCOTERMS) The “D” terms(DAF,DES,DDU and DDP)— Terms where the seller/exporter is responsible for all costs and risks associated with bringing the goods to the place of destination.D terms evidence “arrival” contracts