Incoterms 2000: ICC Official Rules for the Interpretation of Trade Terms [Paperback]

Icc Publishing (Editor)

Book Description

Publication Date: September 1999

EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DAF, DES, DEQ, DDU, & DDP. Incoterms are the official rules for the worldwide interpretation of trade terms developed under the auspices of the International Chamber of Commerce, Paris, France. Incoterms are recognized by the United Nations Commission on International Trade Law as the global standard for such interpretation.

Incoterms define the responsibilities of buyer and seller for delivery of goods under sales contracts. They are the authoritative text for determining how costs and risks are allocated to the parties. These terms are regularly incorporated into sales contracts worldwide and have become part of the daily language of trade.

Incoterms 2000,the first revision in ten years, contains the official ICC text of the thirteen trading terms. It takes into account the latest developments in commercial practice and modifies some the existing terms bringing them into line for use in the new millennium. Most sales contracts drafted after January 1, 2000, will make reference to this latest revision in the text of their contract.

Incoterms 2000 continues a 60-year tradition of the ICC and provides importers, exporters, lawyers, transporters, insurers and students in the international arena with a modern text reflecting the latest changes in the trading environment. This new edition contains a lively, updated format for ease-of-use and ease-of-reference.

Incoterms 2000 will be the definitive text for all those engaged in international trade and commerce in the 21st century.

Product Details

• Paperback: 128 pages
• Publisher: Icc Pub; ICC #560 edition (September 1999)
• Language: English
• ISBN-10: 9284211999
• ISBN-13: 978-9284211999
• Product Dimensions: 8.9 x 5.2 x 0.4 inches
• Shipping Weight: 8 ounces (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #399,656 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

20 of 20 people found the following review helpful:

5.0 out of 5 stars The Official Guide, November 8, 1999

By A Customer

This review is from: Incoterms 2000: ICC Official Rules for the Interpretation of Trade Terms (Paperback)

This book may not be the most enjoyable you've ever read, but it is the offical guide put out by the ICC. It is broken down by Incoterm and into each category of obligation by the seller and buyer. This is the book that will be translated into multiple languages for everyone in the world to read. You really can't ask for more. However, if you are new to Incoterms, don't expect to understand it after going through it only once. It's still not an easy subject to grasp for new exporters/importers.

For American exporters/importers I would definately recommend reading a supplementary book put out specifically for Americans. Incoterms are partially written with European countries in mind, so there are important considerations for countries with borders and exports laws similar to the USA. The best supplimentary book I've seen so far is "Incoterms for Americans" by Frank Reynolds, the USA representative to the Incoterms 2000 revision meeting. The 2000 version may not be officially out yet. I got it at a seminar.

4 of 4 people found the following review helpful:

4.0 out of 5 stars Pretty good summary for a book written by a committee., October 27, 1999

By A Customer

This review is from: Incoterms 2000: ICC Official Rules for the Interpretation of Trade Terms (Paperback)

The subject of Incoterms is almost arcane in American jargon. The previous version was less readable even though the format was similar. I suggest that everyone trash their 1990 version and take advantage of the changes in format so that you can explain the meaning and impact of the Incoterms 2000 to your organization.

2 of 2 people found the following review helpful:

2.0 out of 5 stars Overpriced, May 1, 2009

By 

Victor Hougan "frpvict" (Seattle, WA USA) - See all my reviews
(REAL NAME)   

This review is from: Incoterms 2000: ICC Official Rules for the Interpretation of Trade Terms (Paperback)

I bought this book for work and school but when I got it, it was a let down. First off it was overpriced for what you get because it is very short and the definitions of the terms are basically the same text with different phrases.

I could have gotten the same information for free on the internet.