[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-291773-105":59,"doc-detail-291773-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","incoterms-2020-rules-key-terms-and-obligations","Incoterms 2020 Rules - Key Terms and Obligations","","Incoterms 2020 rules, published by the International Chamber of Commerce, standardize the use of international commercial terms to simplify communication and reduce misunderstandings in goods sale transactions. The document explains the structure of Incoterms as three-letter term sets summarizing core obligations, costs, and risks. It outlines the 11 Incoterms 2020 rules, distinguishing maritime from any-mode terms, and describes each term’s allocation of delivery responsibilities, risk transfer, transport organization, and customs clearance, including key changes such as the removal of DAT.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/incoterms-2020-rules-key-terms-and-obligations/291773/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/incoterms-2020-rules-key-terms-and-obligations/291773.png","ImageObject",300,407,{"name":92,"@type":93},"Clementine","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-11","2026-09-17",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",14,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What are Incoterms 2020 rules and why are they used?","Question",{"text":113,"@type":114},"They are a set of ICC commercial terms that facilitate and simplify communications in international goods sales, reducing misunderstandings and controversies between parties.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How many Incoterms 2020 rules are there, and how are they grouped?",{"text":118,"@type":114},"There are 11 rules: 4 maritime terms (FAS, FOB, CFR, CIF) and 7 general terms for any mode of transport (EXW, FCA, CPT, CIP, DAP, DPU, DDP).",{"name":120,"@type":111,"acceptedAnswer":121},"What main changes were introduced in Incoterms 2020?",{"text":122,"@type":114},"DAT was removed and replaced by DPU (Delivered at Place Unloaded). FCA now allows bills of lading with “ON BOARD”, and CIP/CIF were updated at an insurance level.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},291773,1789646769,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":81,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":130,"read_time":39,"preview_page_count":4},1374391974564,"https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002","Introduction:  \nThe global economy entails a greater access to international markets, increasing the volume and complexity of commercial transactions, which also increases the possibility of misunderstandings and/or significant controversies to arise between traders.  \nIncoterms 2020 rules, regarding the use of commercial terms, published by the International Chamber of Commerce (ICC), facilitate and simplify communications, reducing the risk of misunderstandings in commercial operations.  \nThe first edition known as Incoterms was published in 1936 and since then, not only has it received global acceptance, but it has also been periodically updated, in line with the evolution of International Trade.  \nIncoterms rules are a group of commercial terms named with three letters (for example, CIF), to synthesize the main obligations, costs and risks incurred by the parties in a sales agreement of goods (risks, costs, transport organization and customs clearance) . However, Incoterms do not substitute specific obligations of the sales agreement, so it is the parties’ responsibility to foresee the particularities of the business specified in the agreement.  \nThere are eleven Incoterms 2020 rules, four of them are the ones called“maritime”, applicable for “Sea and Inland Waterway Transport”(FAS/ FOB/ CFR/ CIF) and the remaining seven are the “general” or applicable to “any mode or modes of transport”(EXW/ FCA/CPT/CIP/ DAP/ DPU/ DDP) .  \nIncoterms 2020 rules are: EXW, FCA, CPT, CIP, DAP, DPU, DDP, FAS, FOB, CFR and CIF.  \nWhile their use in commercial agreements is not mandatory, their scope and meaning is accepted in every customs office and courts in the world, however, when using them it is necessary to include specific reference to the chosen term, the revision year and geographical place.  \nEXW: Ex works  \nThis Incoterm is applicable for any mode of transport and establishes as a seller’s obligation to simply place the goods available for the buyer at the agreed place, and the seller must bear all costs and risks from the reception of the goods up to the final destination.  \nFCA: Free Carrier  \nThis Incoterm is applicable for any mode of transport and increases the risks and obligations that are assumed by the seller, who complies once the goods are in their  \n+598 2710 00 03 | 2710 00 04 Franciso García Cortinas 2388 CP 11300 [Montevideo, Uruguay]  \n[comercial@lqb.com.uy](comercial@lqb.com.uy)  \nown facilities loaded on to the mean of transport indicated by the buyer or if they agreed another delivery place, when the seller transports the goods in his own means of transport and not only arrives to the agreed place, but also prepares the goods for unloading from his means of transport, leaving it available for the carrier or any other person designated by the buyer.  \nCPT: Carriage Paid to  \nIt is applicable for any mode of transport. It means that the seller pays for the transport up to the agreed destination but delivers the goods to the buyer, with the corresponding transfer of risks, passing to the carrier.  \nCIP: Carriage and Insurance Paid To  \nIt is applicable for any mode of transport. Although the seller pays for the transport up to the agreed destination, the seller delivers the goods and transfers the risks when the goods are in possession of the carrier hired by the buyer, but in this case, Incoterm required the seller to hire insurance.  \nDAP: Delivered at Place  \nIt is applicable for any means of transport. In this case the seller delivers the goods with transfer of risks, once the goods are available for the buyer in the mode of transport prepared for unloading them in the agreed destination place.  \nDPU: Delivered at Place unloaded  \nIt is applicable for any means of transport and it is a novelty of Incoterms 2020, as the“DAT” is removed (Incoterms 2010) . In this case, the seller delivers the goods with transfer of risks when the goods are unloaded from the means of transportation and are available for the buyer in","cbCaimbuCKYDKDcF","https://ap.wps.com/l/cbCaimbuCKYDKDcF","pdf",2707402,"English","# Introduction\n## Overview of Incoterms 2020 rules\n## List of the 11 Incoterms 2020 terms\n# Incoterms by term\n## EXW - Ex works\n## FCA - Free Carrier\n## CPT - Carriage Paid to\n## CIP - Carriage and Insurance Paid To\n## DAP - Delivered at Place\n## DPU - Delivered at Place unloaded\n## DDP - Delivered Duty Paid\n## FAS - Free Alongside Ship\n## FOB - Free on Board\n## CFR - Cost and Freight\n## CIF - Cost, Insurance and Freight\n# Changes in Incoterms 2020","[{\"question\":\"What are Incoterms 2020 rules and why are they used?\",\"answer\":\"They are a set of ICC commercial terms that facilitate and simplify communications in international goods sales, reducing misunderstandings and controversies between parties.\"},{\"question\":\"How many Incoterms 2020 rules are there, and how are they grouped?\",\"answer\":\"There are 11 rules: 4 maritime terms (FAS, FOB, CFR, CIF) and 7 general terms for any mode of transport (EXW, FCA, CPT, CIP, DAP, DPU, DDP).\"},{\"question\":\"What main changes were introduced in Incoterms 2020?\",\"answer\":\"DAT was removed and replaced by DPU (Delivered at Place Unloaded). FCA now allows bills of lading with “ON BOARD”, and CIP/CIF were updated at an insurance level.\"}]","Incoterms 2020 Rules - Key Terms and Obligations | PDF"]