Incoterms 2020: ICC Rules for The Use of Domestic and International Trade Terms
|Three Hundred Ninety-Five Thousand Rupiah
|Number of Pages||360|
The Incoterms® rules define important responsibilities of buyers and sellers for the delivery of goods under sales contracts. They are the authoritative rules for determining how costs and risks are allocated to the parties. Incoterms rules are regularly incorporated into contracts for the sale of goods worldwide and have become part of the daily language of trade.
Incoterms® was first introduced by ICC in 1936 and has evolved and undergone fundamental changes. These changes are made every 10 years to ensure that the provisions of the Incoterms® are appropriate and keep up with the times. The latest edition, Incoterms® 2020 was launched in September 2019 and came into effect on January 1, 2020.
ICC has been writing and publishing the Incoterms rules for more than 80 years, providing importers, exporters, lawyers, transporters, insurers and students in the international arena with rules and guidance reflecting the latest developments in the trading environment.
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