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The latest in a series of best-selling guides explaining how ICC’s world-famous trade terms apply in practice, ICC Guide to Incoterms® 2020 provides answers to the most important and recurring questions that will be asked about the Incoterms® 2020 rules.
What is the Guide about?
The Guide explains the changes since the last Incoterms® rules, looks at the differences between the terms, and provides an overview of buyers’ and sellers’ obligations. The guide also explains the evolution of the Incoterms® rules since 1936 and how they work in conjunction with contracts of sale, insurance and payment as well as the consequences following from the choice of the different terms. Detailed section-by-section comments on each of the Incoterms® rules are presented in a clear, user-friendly manner.
It is a lucidly written, practical book that is the standard support tool for all users of the Incoterms® 2020 rules.
Who will the Guide appeal to?
Buyers, suppliers, lawyers, transport/logistics companies, customs authorities, insurance professionals and international business professors/students.
|Code ISBN :||978-92-842-0522-6|
|Weight :||0.9180 kgs|
|Number of pages :||244|
|Publishing date :||2022|
|Format in cm :||19.1*27.3|
INTRODUCTION . . . . 9
UNDERSTANDING THE INCOTERMS® RULES. . . . . 17
THE FOUR CATEGORIES OF INCOTERMS® RULES: MAIN COMPONENTS.. . . 39
SELLER’S AND BUYER’S OBLIGATIONS: AN OVERVIEW. . . . 51
INCOTERMS® 2020, A DETAILED COMMENTARY
Why 11 different Incoterms® rules? And what has changed from Incoterms® 2010?. . . . 67
GROUP I: ANY MODE OR MODES OF TRANSPORT EXW • FCA • CPT • CIP • DAP • DPU • DDP. . . . 71
GROUP II: RULES FOR SEA AND INLAND WATERWAY TRANSPORT FAS • FOB • CFR • CIF. . . . . . .173
ROLE OF THE INCOTERMS® RULES IN AN INTERNATIONAL CONTRACT OF SALE. . .. . .233
TRANSFER OF RISK AND COST. . . . . .237
The ICC Guide to Incoterms® 2020 is presented by Johnny Herre and Oscar Tiberg (Former Chair and current Chair of the Swedish ICC Commercial Law & Practice Committee respectively.)
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