国际贸易条目.pptxVIP

International Trade Terms;Objectives;Key topics; One import and export company exported his goods under the CIF term. The seller delivered the goods on board the vessel on time and prepared all necessary documents. But the vessel stranded and sank in a few hours after departure. The next day, when the seller asked for payment with full set of documents in conformity with the contract, the buyer refused to accept the documents and rejected payment because his goods have been lost. Is it reasonable for the buyer to do so? Why?; What’s the reason that people use trade terms in international trade? There are some questions during transaction: Expenses----Freight, Premium, Custom Duties Formalities----Custom Clearance, License Risks----Damage of goods, transport, formalities ;The definition of trade terms;2. 1 Three sets of rules;Warsaw-Oxford Rules 1932;RAFD;RAFD;Incoterms 2010;2.2Basics of Incoterms 2010;2.2.1 Scope of Governance ;Scope of Governance ;Scope of Governance ;2.2.2 Categorization of Terms;Group E Departure;Selected Trade Terms;Selected Trade Terms;Delivery: at seller’s premises Transfer of risks: goods at the disposal of the buyer Packaging and loading: Usu. seller no obligation for export packaging and loading; Export customs clearance Usu. buyer’s responsibility, sometimes seller do it for buyer, but bear no risks ;The “F” terms (FCA, FAS, FOB) ;Seller’s obligation minimum. Placing the goods at the disposal of the buyer at the agreed place – usually his own premises In practice, also including assisting the buyer in loading the goods on the buyer’s collecting vehicle without charging a loading fee For the buyer to get lower price, but too demanding for him, therefore only applied to buyers having offshore branches ;Transfer of risks goods at the disposal of the (1st) carrier Delivery point If at seller’s site, seller responsible for loading If anywhere else, seller resp