This thesis researches on the main features of Incoterms 2000 and taditional trade terms.
The purpose of Incoterms is to avoid or reduce a considerable degree the uncertainty of different interpretation of the trade terms by providing a set of intern...
This thesis researches on the main features of Incoterms 2000 and taditional trade terms.
The purpose of Incoterms is to avoid or reduce a considerable degree the uncertainty of different interpretation of the trade terms by providing a set of international rules for the interpretation of the most commonly used trade terms in foreign trade. Therefore, Incoterms must reflect the most current commercial practice customs.
The characteristics of Incoterms 2000 are as follows. The delivery point, especially FCA terms, was more simplified and clarified and the scope of application of Incoterms was expanded. In addition, the delivery point concerning maritime and non-maritime variants was divided and the terminology is unified. In this aspect new Incoterms seems to be properly revised. However, as 'ship's rail' is meanless in modern ages there is still problems.