Incoterms International Chamber of Commerce (ICC International Chamber of Commerce, ICC for short) made a series of plastics trading conditions which are internationally used in 1953. Since then, these plastics trading conditions were modified respectively in 1976, 1967, 1990, 1980, 2000 and 2010, a...
Incoterms International Chamber of Commerce (ICC International Chamber of Commerce, ICC for short) made a series of plastics trading conditions which are internationally used in 1953. Since then, these plastics trading conditions were modified respectively in 1976, 1967, 1990, 1980, 2000 and 2010, almost every 10 years, during the revision process, to make the trading habits more practical, plastic trading conditions were changed several times. In the seventh revision, incoterms 2010 is used instead of incoterm 2000 and implemented on 1st January 2011. The first modification draft was named incoterm 3000, the second modification draft was named incoterm 2011, finally on the publication day, incoterm 2010 was confirmed. The modified incoterms trading conditions, formally recognized all trade rules can be applied to domestic transactions and also international tradings, the sellers are responsible for the acquisition title change, free tariff, expand the range of in the world, electronic communication receives same effect as paper communication, to provide more safe information, the changing shipping practices. Trade customers are varified according to the trading environment, under the condition of insufficient understanding of Incoterms 2010, it’s easy to create unnecessary misunderstanding or confusion during the trading transactions. Therefore, this thesis compare and study the difference of FOB and CIF which are widely used in Incoterms 2010, to find out problems and focus during practical application, in order to facilitate the international trade practicers to understand more about Incoterms 2010.incoterms International Chamber of Commerce (ICC International Chamber of Commerce, ICC for short) made a series of plastics trading conditions which are internationally used in 1953. Since then, these plastics trading conditions were modified respectively in 1976, 1967, 1990, 1980, 2000 and 2010, almost every 10 years, during the revision process, to make the trading habits more practical, plastic trading conditions were changed several times. In the seventh revision, incoterms 2010 is used instead of incoterm 2000 and implemented on 1st January 2011. The first modification draft was named incoterm 3000, the second modification draft was named incoterm 2011, finally on the publication day, incoterm 2010 was confirmed. The modified incoterms trading conditions, formally recognized all trade rules can be applied to domestic transactions and also international tradings, the sellers are responsible for the acquisition title change, free tariff, expand the range of in the world, electronic communication receives same effect as paper communication, to provide more safe information, the changing shipping practices. Trade customers are varified according to the trading environment, under the condition of insufficient understanding of Incoterms 2010, it’s easy to create unnecessary misunderstanding or confusion during the trading transactions. Therefore, this thesis compare and study the difference of FOB and CIF which are widely used in Incoterms 2010, to find out problems and focus during practical application, in order to facilitate the international trade practicers to understand more about Incoterms 2010.
Incoterms International Chamber of Commerce (ICC International Chamber of Commerce, ICC for short) made a series of plastics trading conditions which are internationally used in 1953. Since then, these plastics trading conditions were modified respectively in 1976, 1967, 1990, 1980, 2000 and 2010, almost every 10 years, during the revision process, to make the trading habits more practical, plastic trading conditions were changed several times. In the seventh revision, incoterms 2010 is used instead of incoterm 2000 and implemented on 1st January 2011. The first modification draft was named incoterm 3000, the second modification draft was named incoterm 2011, finally on the publication day, incoterm 2010 was confirmed. The modified incoterms trading conditions, formally recognized all trade rules can be applied to domestic transactions and also international tradings, the sellers are responsible for the acquisition title change, free tariff, expand the range of in the world, electronic communication receives same effect as paper communication, to provide more safe information, the changing shipping practices. Trade customers are varified according to the trading environment, under the condition of insufficient understanding of Incoterms 2010, it’s easy to create unnecessary misunderstanding or confusion during the trading transactions. Therefore, this thesis compare and study the difference of FOB and CIF which are widely used in Incoterms 2010, to find out problems and focus during practical application, in order to facilitate the international trade practicers to understand more about Incoterms 2010.incoterms International Chamber of Commerce (ICC International Chamber of Commerce, ICC for short) made a series of plastics trading conditions which are internationally used in 1953. Since then, these plastics trading conditions were modified respectively in 1976, 1967, 1990, 1980, 2000 and 2010, almost every 10 years, during the revision process, to make the trading habits more practical, plastic trading conditions were changed several times. In the seventh revision, incoterms 2010 is used instead of incoterm 2000 and implemented on 1st January 2011. The first modification draft was named incoterm 3000, the second modification draft was named incoterm 2011, finally on the publication day, incoterm 2010 was confirmed. The modified incoterms trading conditions, formally recognized all trade rules can be applied to domestic transactions and also international tradings, the sellers are responsible for the acquisition title change, free tariff, expand the range of in the world, electronic communication receives same effect as paper communication, to provide more safe information, the changing shipping practices. Trade customers are varified according to the trading environment, under the condition of insufficient understanding of Incoterms 2010, it’s easy to create unnecessary misunderstanding or confusion during the trading transactions. Therefore, this thesis compare and study the difference of FOB and CIF which are widely used in Incoterms 2010, to find out problems and focus during practical application, in order to facilitate the international trade practicers to understand more about Incoterms 2010.
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