Incoterms 2000: ICC Official Rules for the Interpretation of Trade Terms
Author(s):
Icc Publishing
Label: ICC Publishing
Publisher(s):
ICC Publishing
Studio: ICC Publishing
Manufacturer: ICC Publishing
Binding: Paperback
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Editorial Reviews
Product Description
EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DAF, DES, DEQ, DDU, & DDP. Incoterms are the official rules for the worldwide interpretation of trade terms developed under the auspices of the International Chamber of Commerce, Paris, France. Incoterms are recognized by the United Nations Commission on International Trade Law as the global standard for such interpretation.
Incoterms define the responsibilities of buyer and seller for delivery of goods under sales contracts. They are the authoritative text for determining how costs and risks are allocated to the parties. These terms are regularly incorporated into sales contracts worldwide and have become part of the daily language of trade.
Incoterms 2000,the first revision in ten years, contains the official ICC text of the thirteen trading terms. It takes into account the latest developments in commercial practice and modifies some the existing terms bringing them into line for use in the new millennium. Most sales contracts drafted after January 1, 2000, will make reference to this latest revision in the text of their contract.
Incoterms 2000 continues a 60-year tradition of the ICC and provides importers, exporters, lawyers, transporters, insurers and students in the international arena with a modern text reflecting the latest changes in the trading environment. This new edition contains a lively, updated format for ease-of-use and ease-of-reference.
Incoterms 2000 will be the definitive text for all those engaged in international trade and commerce in the 21st century.
Customer Reviews
Very Useful
The Incoterms 2000 is a basic hand book necessary for every person
in the trading industry. It's great....
Excellent Review
This book is exactly what we wanted to order and found the book quite a bit less expensive on the Amazon web site as we ordered 10 each. I will always come back to Amazon site for such books and more!
Thank you,
A Must ...
This book is a must for every sales,logitics and shipping managers who intend to work seriouly on a worldwide basis. Incoterms are the keys of international commerce and must be understood by all parties involved.
The Official Guide
This book may not be the most enjoyable you've ever read, but it is the offical guide put out by the ICC. It is broken down by Incoterm and into each category of obligation by the seller and buyer. This is the book that will be translated into multiple languages for everyone in the world to read. You really can't ask for more. However, if you are new to Incoterms, don't expect to understand it after going through it only once. It's still not an easy subject to grasp for new exporters/importers.
For American exporters/importers I would definately recommend reading a supplementary book put out specifically for Americans. Incoterms are partially written with European countries in mind, so there are important considerations for countries with borders and exports laws similar to the USA. The best supplimentary book I've seen so far is "Incoterms for Americans" by Frank Reynolds, the USA representative to the Incoterms 2000 revision meeting. The 2000 version may not be officially out yet. I got it at a seminar.
Pretty good summary for a book written by a committee.
The subject of Incoterms is almost arcane in American jargon. The previous version was less readable even though the format was similar. I suggest that everyone trash their 1990 version and take advantage of the changes in format so that you can explain the meaning and impact of the Incoterms 2000 to your organization.
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