Incoterms 2020 rules

GPTKB entity

Statements (46)
Predicate Object
gptkbp:instanceOf trade term standard
gptkbp:appliesTo gptkb:treaty
domestic trade
gptkbp:category logistics
shipping
international commerce
trade law
gptkbp:governs delivery of goods
transfer of risk
allocation of costs
gptkbp:hasTerm gptkb:CIP
gptkb:CIF
gptkb:FAS
gptkb:EXW
gptkb:DDP
gptkb:CFR
gptkb:DPU
gptkb:FCA
gptkb:DAP
gptkb:FOB
CPT
https://www.w3.org/2000/01/rdf-schema#label Incoterms 2020 rules
gptkbp:language English
multiple languages
gptkbp:notableRelease DAT replaced by DPU
FCA allows for on-board bills of lading
insurance requirements for CIP and CIF updated
gptkbp:officialWebsite https://iccwbo.org/resources-for-business/incoterms-rules/incoterms-2020/
gptkbp:predecessor Incoterms 2010 rules
gptkbp:publicationYear 2019
gptkbp:publishedBy gptkb:International_Chamber_of_Commerce
gptkbp:purpose define responsibilities of buyers and sellers
allocate costs and risks
clarify delivery points
gptkbp:replacedBy gptkb:DAT
gptkbp:replacedByTerm gptkb:DPU
gptkbp:startDate 2020
gptkbp:terminalCount 11
gptkbp:usedBy insurance companies
lawyers
freight forwarders
exporters
importers
customs authorities
gptkbp:bfsParent gptkb:Delivery_at_Place_Unloaded
gptkbp:bfsLayer 7