Article posted by Gov.UK Admin, for Gov.UK
24 March 2011

Introduction

This guide explains the basics principles of International Commercial Terms (Incoterms), and how traders can use them in buyer or seller contracts to make clear who is responsible for the goods at each point of the transport process. The guide also explains the benefits of using Incoterms and what each Incoterm means for the buyer and seller, as well as offering sources of further help and advice for traders.

A new set of Incoterms, known as Incoterms 2010, will come into force on 1 January 2011. See the page in this guide on Incoterms 2010.

Subjects covered in this guide


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Article posted by Gov.UK Admin, for Gov.UK
24 March 2011