The following are the basic terms of delivery, as interpreted by INCOTERMS-2000. 1. Franko Zavod (… place name). EXW – Ex Works (… named place). This term means that the seller has fulfilled his obligations to deliver the goods when he made them available to the buyer at his place or in another named place […]
Tag: Destination
Structure of INCOTERMS-2000
In INCOTERMS-2000, the conditions for facilitating understanding are grouped into 4 categories depending on the increase in the obligations of the seller: Group E (EXW), according to which the seller only provides the goods to the buyer in its territory; Group F (FCA, FAS, FOB), according to which the seller is obliged to deliver the […]