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INCOTERMS20112ndDRAFT
18September2009
ThisICCworkingdocumentisprovidedtoyouonconditionthatitscontentsremainconfidential.DistributionisrestrictedtoICCNationalCommitteesandGroupsandtoICCmembersdesignatedbyICCNationalCommittees.Reproductionand/ordisseminationinanyformandbyanymeansarestrictlyprohibitedwithoutthepriorwrittenauthorizationoftheICCInternationalSecretariat.
TABLEOFCONTENTS
CHANGESFROMINCOTERMS2000
TERMSFORANYMODEOFTRANSPORT
EXW….................................................................................................................................
FCA........................................................................................................................................
CPT….....................................................................................................................................
CIP……..................................................................................................................................
DAP…....................................................................................................................................
DDP…....................................................................................................................................
MARITIME-ONLYTERMS
FAS….....................................................................................................................................
FOB........................................................................................................................................
CFR….....................................................................................................................................
CIF…......................................................................................................................................
DEQ…....................................................................................................................................
TERMSFORANYMODEOFTRANDPORT
EXW
EXWORKS(insertnamedplaceofdelivery)Incoterms2011
GUIDANCENOTE
Thistermmaybeusedirrespectiveofthemodeoftransportused,andmayalsobeusedwheremorethanonemodeoftransportisused.Itissuitablefordomestictrade,whileFCAisusuallymoreappropriateforinternationaltrade.
“ExWorks”meansthatthesellerdeliverswhenitplacesthegoodsatthedisposalofthebuyerattheseller’spremisesoratanothernamedplace(i.e.,worksfactory,warehouse,etc.).Forthesellertodeliverthegoods,itdoesnotneedtoloadthegoodsonanycollectingvehicle;
neitherdoesitneedtoclearthegoodsforexport,wheresuchclearanceisapplicable.
Thepartiesarewelladvisedtospecifyasclearlyaspossiblethepointwithinthenamedplaceofdelivery,asthecostsandriskstothatpointarefortheaccountoftheseller.Thebuyerhastobearallcostsandrisksinvolvedintakingthegoodsfromtheagreedpoint,ifany,atthenamedplaceofdelivery.
ExWorksrepresentstheminimumobligationfortheseller.Thetermshouldbeusedwithcareas:
a)abuyerwhobuysfromaselleronanExWorksbasisandthenexportsthegoodswillbeexposedasthesellerhasonlylimitedobligationstoprovidetheassistanceordocumentsthebuyermayrequiretoeffecttheexport/import.Giventhegrowingdemandsforinformationregardingthegoodsforsecuritypurposes,thisisespeciallyimportant.ThepartiesarewelladvisednottouseExWorksifthebuyerisunabledirectlyorindirectlytoobtainexportclearance,whereapplicable;
b)thesellerisnotresponsibleforloadingthegoods,eventhoughinpracticeitmaybeinabetterpositiontoloadthem,althoughatthebuyer’sriskandexpense.Inthesecases,FCA,whichobligesthesellertoloadthegoodswhendeliverytakesplacesattheseller’spremises,isusuallymoreappropriate;
and
c)thebuyerhaslimitedobligationstoprovidetotheselleranyinformationregardingtheexportofthegoods.Thesellermayneedthisinformationfor,e.g.,taxationpurposes.
ATHESELLER’SOBLIGATIONS
A1
Provisionofgoodsanddocuments
Thesellermustprovidethegoodsinconformitywiththecontractofsaleandthecommercialinvoiceandanyotherdocumentsrequiredbythecontract.
A2
Licences,authorizations,securityclearancesandotherformalities
Whereapplicable,thesellermustrenderthebuyer,atthelatter’srequest,riskandexpense,assistanceinobtaininganyexportlicence,orotherofficialauthorizationnecessaryfortheexportofthegoods.Whereapplicable,thesellermustprovide,atthebuyer’srequest,riskandexpense,informationthatthesellerh