1. It contains commercial clauses included in the international contract of sale.
2. Its composed of two parts, buyer and seller.
3. FAS (Free Along Ship)
3.1. The seller's liability is terminated once the merchandise is placed alongside the vessel at the agreed port of shipment.|
3.1.1. Obligations of the Seller
3.1.1.1. Merchandise and Necessary Documents
3.1.1.2. Empaque Y Embalaje
3.1.1.3. Freight (from the factory to the place of export)
3.1.1.4. Customs (documents, permits, requirements, taxes)
3.1.1.5. Gastos De Exportaci�n (maniobras, almacenaje, agentes )
3.1.2. Obligations of the Buyer
3.1.2.1. Payments of merchandise.
3.1.2.2. Freight and insurance (from place of export to the place of importation.
3.1.2.3. Import expenses (maneuvers, warehousing, agents)
3.1.2.4. Aduana (documentos, permisos, requisitos, impuestos)
3.1.2.5. Insurance and freight (place of importation to plant).
3.1.2.6. Delays.
4. International rules
5. Governed by the International Chamber of Commerce.
6. FOB (Free On Board)
6.1. The term FOB requires the seller to clear the goods for export.
6.1.1. Obligations of the seller
6.1.1.1. Deliver the necessary merchandise and documents.
6.1.1.2. Packing and packaging
6.1.1.3. Freight (from the factory to the place of export)
6.1.1.4. Customs (documents, permits, requirements, taxes).
6.1.1.5. Export costs (maneuvers, storage, agents)
6.1.2. Obligations of the Buyer
6.1.2.1. Payment of the merchant
6.1.2.2. Freight and insurance (from place of export to the place of importation)
6.1.2.3. Import charges (maneuvers, storage, agents)
6.1.2.4. Customs (documents, permits, requirements, taxes)
6.1.2.5. Freight (place of importation to plant)
6.1.2.6. Delays