Key Points for Incoterms

1）Definition p.9--also named price terms/conditions, simplifying trade;

2）Nature p.10--trade customs, not laws, not compulsory;

3）p.11 Shall be cited in S/Cs to avoid disputes, legally valid;

4)  Contract first--shall there are conflicts btw contract clauses and customs;

5）Attention points for the three main international rules on trade terms;

6)  Key points for different versions of Incoterms;

Key Points for 11 trade terms under Incoterms 2020

1. the place after trade terms 注意贸易术语后面接的地点

2. basic information for trade terms

    ----风险、运输、保险、费用、适合的运输方式

3. delivery obligations vs. critical points for risk transference

4. symbolic delivery vs. physical delivery

5. attention points for application 实操要点