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The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law.
Incoterms are a set of 11 internationally recognized rules which define the responsibilities of sellers and buyers in the export transaction. Learn about the updated Incoterms 2020 rules, how they apply to different modes of transport, and what they do not cover.
2 paź 2023 · Don't be overwhelmed by the hundreds of international shipping terms. We've published a glossary of more than 250 trade terms used by importers and exporters. Bookmark this page and refer to it when you stumble across a word or acronym that has you stumped.
First published by ICC in 1936, Incoterms® rules are a set of eleven three-letter trade terms, reflecting business-to-business practice in contracts for the sale and purchase of goods.
5 cze 2024 · Learn about the latest version of the Incoterms® rules, which regulate the allocation of costs and risks in international trade transactions. Find out the key changes, training courses, app and contact information from the ICC.
8 paź 2023 · Learn what incoterms are and how they impact your shipping costs and responsibilities. Compare the 11 incoterms for different modes of transport and the changes from 2010 to 2020.
International Commercial Terms, known as “Incoterms”, are internationally accepted terms defining the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various stages of the transaction.
