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The Incoterms 2000 are grouped in four different categories

The Incoterms 2000 are grouped in four different categories. Group 1 (E-Terms) EXW (EX-Works). The seller only makes the goods available to the buyer at the sellers own premises.

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The Incoterms 2000 are grouped in four different categories

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  1. The Incoterms 2000 are grouped in four different categories

  2. Group 1 (E-Terms) EXW (EX-Works). The seller only makes the goods available to the buyer at the sellers own premises

  3. Group 2 (F- Terms) Free Carrier), FAS Free Alongside Ship) and FOB (Free on Board). The seller have to deliver the goods to the carrier which is named by the buyer.

  4. Group 3 (C-Terms) CFR (Cost and Freight), CIF (Cost, Insurance and Freight), the seller has to contract for carriage and bear for costs. He bears risk for loss and damage to the goods only up to the Group 3 (C-Terms) CFR (Cost and Freight), CIF (Cost, Insurance and Freight), the seller has to contract for carriage and bear for costs. He bears risk for loss and damage to the goods only up to the ship’s rail in port of loading; CPT (Carriage paid To) and CIP (Carriage and Insurance Paid to). The seller has to contract for carriage but without bearing the risks of loss and damage to the goods or additional cost due to events occuring after takeover of the goods.

  5. Group 4 (D-Terms) DAF (Delivered at the Frontier), The seller has to bear all costs and risks for loss and damage to the goods up to arrival on the named frontier. DES ( Delivered Ex-Ship) The seller bears all costs for loss and damage to the goods up to arrival at port of destination.; DEQ (Delivered Ex-Quay). The seller bears all costs and risks for loss and damage of the goods up to the end of discharge at port of destination; DDU (Delivered Duty Unpaid) and DDP (Delivered Duty Paid). The seller bears all cost and risk up to arrival of goods at a place named by the buyer.

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