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Expansion of Incoterms

Posted: Wed Mar 11, 2009 6:15 pm
by mando@vsnl.net
Dear All,

Could explain us or provide more information on Expansion of Incoterms.

Thanking you
Pradip Bhavsar

incoterms 2000

Posted: Thu Mar 12, 2009 9:19 am
by Judith
Incoterms refer to “International Commercial Terms”. These terms are used by traders while coming to an understanding about the roles and responsibilities of each party. The ICC has a publication called “Incoterms 2000” which defines the roles and responsibilities of the buyer and seller under each term that is used.

More information is available at: http://www.iccwbo.org/incoterms/id3040/index.html