INCOTERMS 2020 has now been released to the general public. The rule changes are not quite as wide-ranging as the 2010 release. The 2020 release is an attempt by the ICC to focus on how the presentation of the rules could be enhanced within the INCOTERMS 2020 guide...
Proposed Changes to expect in Incoterms 2020 The International Chamber of Commerce (ICC) has drafted proposed changes to the new Incoterms 2020. Incoterms (International Commercial Terms) was first developed by the ICC in 1936 in an attempt to simplify communicational...