ICC’s Incoterms® rules are regularly incorporated into sales contracts worldwide. They help importers and exporters to avoid costly misunderstandings by clearly defining the responsibilities of sellers and buyers for the delivery of goods. The ICC Guide to Incoterms® 2010 is the official handbook accompanying the latest edition of these global trade standards.
A vital tool for a more efficient use of Incoterms® 2010
The ICC Guide to Incoterms® 2010 analyzes in detail each of the 11 Incoterms® rules. Diagrams and illustrations facilitate their understanding. This Guide explains the history of these ground-breaking international commercial terms. Invaluable companion for everyone involved in cross border transactions, it shows how the Incoterms® rules work in conjunction with other contracts and answers questions such as
- What are Incoterms® rules and what can they do for me?
- How do I reference Incoterms® 2010 in a contract of sale, insurance or payment?
- What are the main differences between Incoterms® 2000 and Incoterms® 2010?
- What is the most efficient rule for which mode of transport?
This book is essentail reading for anyone involved in international business; practitioners, teachers and students alike.