This page is designed to provide a basic level of understanding of Incoterms ® 2020 Rules published by the International Chamber of Commerce (ICC)
Incoterms 2020EXW Ex Works FCA Transporteur gratuit FAS Libre le long du navire FOB sans frais à bord CFR Coût et fret CIF Coût, assurance et fret CIP Frais de port et d'assurance payés Тo DAP Livraison sur place DPU Lieu nommé livré déchargé DDP Rendu droits acquittés
Incoterms 2010DAT Livraison au terminal
CIP - Transport et assurance payés Тo (lieu de destination convenu)
The meaning of it is that the delivery is completed for the supplier when customs procedures for export were completed, paid insurance policy and the goods were transferred to the forwarder for transportation to a specific destination provided for in the agreement. Sum insured must be 110% of the value of the agreement and in the currency of the international agreement. All risks associated with the transportation of goods pass from supplier to recipient after delivery of the goods to the forwarder. CIP is concluded on the basis of an international contract of sale, which indicates all the responsibilities and what expenses each party bears. As a rule, the supplier bears all responsibilities with the delivery, insurance policy and clearance of goods to a specific destination.
Qui couvre les frais de logistique?
Distribution of costs according to the Incoterm negotiated in the contract. Classification according to the increased level of obligations for the seller.