Import and Export Trade Practices Comparing FCA, CPT, CIP with FOB, CFR, CIF

FCA, CPT, CIP and the traditional FOB, CFR, CIF compared. There are the following three **** the same point: (1) are symbolic delivery, the corresponding contract of sale and purchase for the shipment contract; (2) are responsible for the export side of the export declaration, the import side is responsible for the import declaration; (3) the buyer and seller of the transportation, insurance responsibility corresponds to each other, i.e., FCA and FOB, as the same as the buyer for transportation, CPT and CFR, as the same as the seller for transportation, and CPT and CFR, the same as the seller for transportation, and the same as the seller for transportation and CFR, the same as the seller for transportation and CFR, the same as the seller for transportation and CFR. CPT is the same as CFR, the seller handles transportation, and CPT is the same as CFR, the seller bears the responsibility of transportation and insurance.

The resulting operational considerations are similar.

The main differences between these two types of trade terms are: (1) different modes of transportation, FCA, CPT, CIP is suitable for a variety of modes of transportation, while FOB, CFR, ClF, only suitable for sea and river transportation; (2) different risk points. FCA, CPT, CIP mode, the buyer and seller of risk and cost of the responsibility of the division of "goods to the carrier" as the boundary, while the traditional trade terms are "ship's rail" as the boundary; (3) the burden of loading and unloading costs are different. FCA, CPT, CIP by the carrier is responsible for loading and unloading, so there is no need to use the trade terms of the deformation problem (4) the nature of the transportation documents are different. The nature of the documents are different. Ocean bill of lading has the nature of the certificate of title, and air waybill and railroad waybill, does not have this nature.

So, in addition to the different risk points, FCA, CPT, CIP can be seen as FOB, CFR, CIF mode from the sea to the extension of various modes of transportation.