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Practical Guide to Incoterms 2020


Year: 2019
Language: english
Author: Global Negotiator
Genre: Reference book
Format: PDF
Quality: eBook
Pages count: 34
Description: The Incoterms are private law rules and are not underpinned by the laws of any
country or by a supranational organisation. They are a set of rules by businesses (exporters
and importers) within the International Chamber of Commerce to regulate
some aspects of foreign trade operations.
The Incoterms do not have the force of law and therefore there is no obligation to
use these terms in international trade operations; their use will be conditioned on the
acceptance of the parties (seller and buyer) in the sale contract.

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