Rules for any mode or modes of transport -- Rules for sea and inland waterway transport -- Incoterms 2010 drafting group -- ICC dispute resolution -- Copyright notice and synopsis of trademark usage rules -- ICC at a glance -- Other incoterms 2010 products -- ICC publications for global business
Summary
Regularly incorporated into sales contracts worldwide, Incoterms defines in a set of three-letter trade terms, the risks and responsibilities of buyers and sellers in an international sales contract. Used by large and small businesses alike, Incoterms are applied to the sales of billions of dollars of goods each year and provide businesses with the confidence and certainty to operate in unfamiliar markets and legal jurisdictions. The new Incoterms 2010 rules, entering into force on 1 January 2011, incorporate a number of changes to keep pace with the development of international trade. Containing revised definitions and interpretation of rules to provide greater clarity and precision
