Abstract
Abstract Out of long-standing practice, international contracts for the sale of goods often contain standard shipping and delivery terms. However, even the most common terms, such as FOB or CIF, do not necessarily have the same meaning in different ports or centers of trade. In an attempt to end this confusion, the International Chamber of Commerce has published lists of shipping and delivery terms known as Incoterms. Incoterms were first published in 1936. Subsequent revisions and additions were made in 1953, 1967, 1980, 1990, and most recently in 2000. The Incoterms 2000 is set out in ICC Brochure No. 560, and these terms have important differences from the earlier versions.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
