Laws and regulations international law terminology interpretation - English versionDDPDELIVERED DUTY PAID named place of destinationDelivered duty paid" means that the seller delivers the goods t

ge, in conformity with the contract of sale. B1 PaymentThe buyer must pay the price of the goods as agreed in the contract of sale.A2 Licences, authorizations and formalitiesThe seller must obtain at its own risk and expense any export and import licences, authorizations and other official authorizations necessary for the exportation and importation of the goods. B2 Licences, authorizations and formalitiesThe buyer must obtain at its own risk and expense any export and import licences, authorizations and other official authorizations necessary for the importation of the goods.A3 Contracts of carriage and insuranceThe seller must contract for carriage of the goods and obtain at its own expense any insurance necessary for the transport of the goods to the named place of destination. B3 Contracts of carriage and insuranceThe buyer must contract for carriage of the goods and obtain at its own expense any insurance necessary from the named place of delivery. A4 DeliveryThe seller must deliver the goods, without unloading them, at the named place of destination. B4 Taking deliveryThe buyer must take delivery of the goods when they have been delivered at the named place of destination.A5 Transfer of risksThe seller bears all risks involved in bringing the goods to the named place of destination. B5 Transfer of risksThe buyer bears all risks and any additional costs after the goods have been delivered at the named place of destination.A6 NoticesThe seller must provide the buyer with any notice necessary for the transport of the goods to the named place of destination. B6 NoticesThe buyer must provide the seller with any notice necessary to enable the seller to make delivery of the goods.

1 "Where applicable" means if the contract of sale or the applicable law requires the payment of such duty. 2 For example, "DDP (named place of destination), excluding VAT"