The official rules of the International Chamber of Commerce (ICC) for the determination of commercial clauses.
The ICC in Paris has developed the International Commercial TERMS (INCOTERMS) as a uniform set of rules to serve this purpose, Costs, risks and obligations of Buyers and sellers in international trade.
The abbreviations of Incoterms 2000 include the following:
- EXW: Ex works
- FCA: Free carrier
- FAS: Free alongside ship
- FOB: Free on board
- CFR: Cost and Freight
- CIF: Costs, insurance and freight
- CPT: Freight paid until
- CIP: Carriage and Insurance Paid To
- DAF: Delivered at the border
- DES: Delivered ex ship
- DEQ: Delivered Ex Quay (Delivered Ex Quay)
- DDU: Delivered Non Interest-bearing
- DDP: Delivered Duty Paid
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