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1、Chapter2Incoterms2000LearningObjectives●TounderstandthestructureofIncoterms2000,anditscommonissues●Tograsptheessentialmeaningofthe13Incotermsandusethemcorrectlyinpractice●TrytodifferentiateissuesofriskandtitleSectionOneInternationalTradePracticesrelatingtoTradeTermsTherear
2、ethreeinfluentialinternationaltradepracticesregardingtradeterms:Warsaw-OxfordRules1932,TheRevisedAmericanForeignTradeDefinitions1941InternationalRulesfortheInterpretationofTradeTerms---InternationalCommercialTermsforShort(Incoterms).SectionOneInternationalTradePracticesrel
3、atingtoTradeTermsWarsaw-OxfordRules1932In1928,theInternationalLawAssociation(ILA)heldameetinginWarsaw,andworkedouttheUniformRulesforCIFsalescontractscalled"WarsawRules1928".Itwasrevisedseveraltimes.AttheOxfordConventionin1932,itwasrevisedagainandthusrenamedas"Warrsaw-Oxfor
4、dRules1932".ItindicatesthenatureofaCIFcontractandstipulatestheresponsibilities,expensesandrisksofthetwopartiesunderCIFterms.However,itisseldomusedinforeigntrade.SectionOneInternationalTradePracticesrelatingtoTradeTermsTheRevisedAmericanForeignTradeDefinitions1941In1919,som
5、eAmericancommercialgroupsdrewup"TheUSExportQuotationsandAbbreviations"andreviseditin1941withanewname"TheRevisedAmericanForeignTradeDefinitions1941",whichwasadoptedbytheAmericanChamberofCommerce,theNationalImportersAssociationandtheAmericanForeignTradeAssociationonJuly31,19
6、41.Itincludessixtradetermsasfollows:ExPointofOriginFreeonBoard,FOBforshortFreeAlongSide,FASforshortCost&Freight,C&FforshortCost,InsuranceandFreight,CIFforshortExDockSectionOneInternationalTradePracticesrelatingtoTradeTermsTheinterpretationofthesetermsisdifferentfromthosein
7、Incoterms.ThesetermsaresometimesadoptedintheUSA,CanadaandsomeotherAmericancountries.Whentradersdobusinesswiththesecountries,theyshouldpayattentiontothedifferences,especiallyFOBtermsinceitisquitedifferentfromthatinIncoterms2000.ICCintroducedthefirstversionofIncotermsin1936.
8、Sincethen,ICCexpertlawyersandtradepractitionershaveupdatedthemmanytimestokeeppacewiththed
