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GROUP E

The group E - Departure.-
Ex works (named place...) : with this INCOTERM 2000 the seller (or exporter) deliver the goods at his premises or to another named place (i.e. factory, warehouse, etc) and position them for the buyer's (or importer) collection. The seller has no obligation to load the goods on any collecting vehicle neither to arrange contract of carriage.
However, if the parties wish the seller for be responsible for the loading of the goods on departure, this must be clear state in the contract of sale. The seller bear the risks and the cost of such loading. Hereafter the seller and buyer obligations

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STRUCTURE : INCOTERMS are divided in 4 categories or groups:

1) Group E - Departure - term : EXW or Ex works {...named place}

2) Group F - Main Carriage Unpaid - terms:
a) FCA or Free Carrier {...named place}
b) FAS or Free Alongside Ship {...named place}
c) FOB or Free On Board {named port of shipment}

3) Group C - Main Carriage Paid - terms :
a) CFR or Cost and Freight {...named port of destination}

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The international trading and commerce, like any other activity and business environment has his own language to easy the communication between a seller (exporter) and a buyer (importer). The acronym INCOTERMS stand for "International COMMERCE TERMS" and has been in place for more than 20 years. It is regulated by the ICC - International Chamber of Commerce - being the latest version INCOTERMS 2000.

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