2. Fas: Free Alongside Ship

Giacomo Barbieri, Martina Bergna, Chiara Cataldo

LOGO /
ACRONYMOUS / ICC
NAME / International chamber of commerce
DATE OF FOUNDATION / 1919 in Paris
HEADQUARTERS / ICC Global Headquarters is located at 33-43 avenue du President Wilson, 75116 Paris
MEMBERS / 120 countries
AIMS / ·  Educate and train the marketing and advertising industry
·  Encourage adoption and implementation
·  Play a major role in self-regulation
PARTICULAR FEATURES / ·  Incoterms: series of pre-defined commercial terms published by the International Chamber of Commerce(ICC) relating tointernational commercial law
Example:
1.  EXW: EX-WORKS
The seller, or exporter, makes the goods available to the buyer, or importer at the seller's premises. The buyer is responsible for all transportation costs, duties, and insurance, and accepts risk of loss of goods immediately after the goods are purchased and placed outside the factory door.

2.  FAS: FREE ALONGSIDE SHIP

Sellers transport the goods from their place of business, clear the goods for export, and place them alongside the vessel at the port of export, where the risk of loss shifts to the buyer. The buyer is responsible for loading the goods onto the vessel, unless specified otherwise, and for paying all costs involved in shipping goods to the final destination.

3.  DAF: DELIVERED AT FRONTIER

The seller, or exporter, is responsible for all costs involved in delivering the goods to the named point and place at the frontier (the border between the two countries). Risk of loss transfers at the frontier. The buyer must pay the costs and bear the risk of unloading the goods, clearing customs, and transporting the goods to the final destination.
·  Model of the purchase agreement

KEYWORDS:

·  Model of contract Model Contract is a form to regulate an agreement whereby a model agrees to provide services for a business or agency.

·  Incoterms The Incoterms® rules are an internationally recognized standard and are used worldwide in international and domestic contracts for the sale of goods.

·  Customs and trade facilitation The commission encourages the reduction of barriers to cross-border trade which involve customs policies and procedures.

·  Payment conditions The payment conditions is a clause of a contract. It must originate from the party to the case. It is important to indicate on the transferthe full name of the partyand the case reference number if already assigned.

·  Taxation The commission's mandate is to promote transparent and non-discriminatory treatment of foreign investment and earnings that eliminates tax obstacles to cross-border business transactions.