Monday, 26 September 2011

Outline of Trade Contract Responsibilities
of the Seller (Exporter) and Buyer (Importer)



LEGEND:
Seller is responsible
Buyer is responsible
1Inland freight in Seller's country;
Delivery to the carrier or frontier
2Customs clearance in Seller's country
3Payment of customs charges and taxes in Seller's country
4Loading to the main carrier or means of conveyance
5Main carriage/freight
6Cargo (marine) insurance
7Unloading from the main carrier or means of conveyance
8Customs clearance in Buyer's country
9Payment of customs duties and taxes in Buyer's country
10Inland freight in Buyer's country
11Other costs and risks in Buyer's country

GROUP TERM Trade Contract Responsibility
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EEXW

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FFCA
FAS
FOB

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CCFR
CIF
CPT
CIP

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DDAF
DES
DEQ
DDU
DDP
Seller is responsible
Buyer is responsible