Recommendation No. 5
UNECE Recommendation No.5 Abbreviations of INCOTERMS
Author/Source: UNECE through its Center for Trade Facilitation and Electronic Business (UN/CEFACT)
Year of adopting/publication: 1974 (first version), last revision approved 2000.
Document reference: ECE/TRADE/259
Link to the document on the internet: Recommendation No. 5
Purpose:This Recommendation establishes a common code list for the trade terms known as "Incoterms ® 2010". The code list is identical to the trade term abbreviations contained in the ICC publication 715, Incoterms 2010 (Entry into force: 1 January 2011).
Summary: Recommendation 5 applies in cases where a coded representation is required to specify trade terms for information exchange between parties involved in international trade and transport. Incoterms 2010 applies to contracts of sale and may in turn be reproduced in contracts of carriage, manifests and customs documents. UNECE recommends that the abbreviations of the trade terms to be accepted and used by Governments, international organizations and business whenever these trade terms are referred to in abbreviated form and mutually promote their use in support of a common approach to trade facilitation. This recommendation implies: for participants in international trade and transport: to accept and implement the 3-letter abbreviations as an alphabetic code for Incoterms 2010. For Governments, international organizations and national trade facilitation bodies: to accept and encourage the implementation of the 3-letter abbreviations as an alphabetic code for Incoterms ® 2010.
INCOTERMS FOR ANY MODE OR MODES OF TRANSPORT |
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EX WORKS A L'USINE
(lieu convenu de livraison à insérer) |
EXW | DELIVERED AT TERMINAL RENDU AU TERMINAL |
DAT |
FREE CARRIER FRANCO TRANSPORTEUR |
FCA | DELIVERED AT PLACE RENDU FRONTIERE |
DAP |
CARRIAGE PAID TO PORT PAYE JUSQU'A |
CPT | DELIVERED DUTY PAID RENDU DROITS ACQUITTES |
DDP |
CARRIAGE AND INSURANCE PAID TO PORT PAYE, ASSURANCE COMPRISE, JUSQU'A |
CIP | ||
INCOTERMS FOR SEA AND INLAND WATERWAY TRANSPORT |
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FREE ALONGSIDE SHIP FRANCO LE LONG DU NAVIRE |
FAS | COST AND FREIGHT COUT ET FRET |
CFR |
FREE ON BOARD FRANCO BORD |
FOB | COST, INSURANCE AND FREIGHT COUT, ASSURANCE ET FRET |
CIF |
Pages that cite the Rec. No. 5:
Code ListsICC Incoterms
Purchasing
Rec. N.16 UN LOCODE