Incoterms 2000
Incoterms are standard trade definitions used in international trade and published by the International Chambers of Commerce. As an importer or exporter, you should be fully aware of not only the financial implications of with regard to direct costs, but also the risk factors applying under the terms applicable to your contracts.
The various incoterms are summarised below, but for a full understanding of the terms you may wish to visit the incoterms page of the International Chambers of Commerce web site.