Incoterms are an indispensable content for expressing prices in international trade. The use of incoterms in quotations clarifies the responsibilities, 

expenses and risks that both parties should bear in terms of delivery of goods, and explains the price structure of commodities.It is mainly manifested 

in the following aspects：

1.Save the time and cost of transaction negotiation;

2.Simplified the content of transaction negotiations and sales contracts；

3.It is conducive to the conclusion of transactions and the settlement of disputes.

NAI-LOK Instrumentation Valves and Fittings Limited accept below Trade terms:

1.EXW ( Ex Works )

2.DDP ( Delivered Duty Paid )

3.CNF ( Cost and Freight )

4.CIF ( Cost Insurance and Freight )

5.FOB ( Free Alongside Ship )

6.DAP ( Delivered At Place )

7.FCA ( Free Carrier )

8.CPT ( Carriage Paid To )

9.CIP ( Carriage and Insurance Paid to )

10.DDU ( Delivered Duty Unpaid )

11.FAS  ( Free Alongside Ship )