ICC Contributions to International Business Model contracts Business self-regulation of e-commerce Codes on advertising and marketing Direct access to national governments all over the world and can feed business views into intergovernmental organizations on issues that directly affect business operations Set Rules and Standards ICC International Court of Arbitration is on the increase. Uniform Customs and Practice for Documentary Credits (UCP 500) Uniform Customs and Practice for Documentary Credits (eUCP 500) – electronic supplement Incoterms

Incoterms 2000 > > > > Port of Export Exporter Consular Fees// Export License/ Export Clearance Inland Freight & Loading Forwarder’s Fees Pier Delivery FCA Product Cost & Export Packing EXW FAS Loading on Vessel FOB Port of Export Exporter Air or Ocean Freight CFR CPT > > Port of Import Importer To use this chart: Identify an Incoterm (Blue used for Ocean Frt, Black used for any type of freight) The boxes on the circle identify the costs & responsibilities found in an int’l shipment. The boxes to the left of the arrow that connects the incoterm to the circle are the responsibility of the exporter The boxes to the right of the arrow that connects the incoterm to the circle are the responsibility of the importer. Incoterms defined: EXW = Ex Works + Named Place of Departure FCA = Free Carrier + Named Place of Departure FAS = Free Alongside Ship + Named Place of Departure FOB = Free on Board + Named Port of Shipment CFR = Cost & Freight + Named Port of Destination CPT = Carriage Paid To + Named Port of Destination CIF = Cost, Insurance & Freight + Named Port of Destination CIP = Carriage & Insurance Paid To + Named Port of Destination DES = Delivered Ex Ship + Named Port of Destination DAF = Delivered at Frontier + Named Port of Destination Note: Each Place or Port should be identified with the City, State, & Country DEQ = Delivered Ex Quay + Named Port of Destination DDU = Delivered Duty Unpaid + Named Place of Destination DDP = Delivered Duty Paid + Named Place of Destination CIF CIP DES Insurance DDU DAF DEQ DDP Total Product Cost Unloading Vessel or Aircraft Inland Freight Import Duty/ VAT Customs Clearance/ Import License