The Incoterms® rules define important responsibilities of buyers and sellers for the delivery of goods under sales contracts. They are the authoritative rules for determining how costs and risks are allocated to the parties. Incoterms rules are regularly incorporated into contracts for the sale of goods worldwide and have become part of the daily language of trade.
Incoterms® 2020 contains the ICC rules for use of the 11 Incoterms® trade terms. It takes into account the latest developments in commercial practice, and updates the rules to make them more accessible and easier to use.
The new rules will enter into force on 1 January 2020. As of this date, all sales contracts should make reference to the Incoterms® 2020 rules as the latest version of the Incoterms rules. Learn more about What are the key changes in Incoterms® 2020?
ICC has been writing and publishing the Incoterms rules for more than 80 years, providing importers, exporters, lawyers, transporters, insurers and students in the international arena with rules and guidance reflecting the latest developments in the trading environment.
From English to Pashto to Estonian, this edition is being translated into over 30 languages, check availability with your local ICC office
Training and Events
A number of iCC Incoterms® 2020 training & events are currently being organized worldwide, full list available here.
| Code ISBN : | 978-92-842-0510-3 |
| Weight : | 0.3820 kgs |
| Number of pages : | 200 |
| Publishing date : | 2019 |
| Language : | English |
| Format in cm : | 13.5*23cm |
TABLE OF CONTENTS
INTRODUCTION TO INCOTERMS® 2020……………………................................................……...1
RULES FOR ANY MODE OR MODES OF TRANSPORT............................................................….21
EXW | Ex Works. . . . . . . . . . . . . . . . . . . . . . . . . . ....................................................................... . . ..21
FCA | Free Carrier . . . . . . . . . . . . . . . ................ . . ….......................................................................29
CPT | Carriage Paid To . . . . . . . . . . . . . . .............. . ........................................................................ .41
CIP | Carriage and Insurance Paid To. . . . . . ....................................................................... . .... . . . 51
DAP | Delivered at Place. . . . . . . . . . . . . .. . . . …............................................................................. .63
DPU | Delivered at Place Unloaded. . . ...................................................................................... . .... .73
DDP | Delivered Duty Paid. . . . . . .. . ............ . . ........................................................................ …….83
RULES FOR SEA AND INLAND WATERWAY TRANSPORT…....................................................….99
FAS | Free Alongside Ship. . . . . . . .......................................................................................... . . . ... .93
FOB | Free On Board. . . . . . . . . . . . . . . . . ....................................................................... . ..….…. .103
CFR | Cost and Freight. . . . . . . . . . . . . . . . . ....................................................................... . . . . .....113
CIF | Cost Insurance and Freight. . . . . . . .. ...................................................................... . . . . ……123
ARTICLE-BY-ARTICLE TEXT OF RULES. . . . . . . . . ......................................................................135
INCOTERMS® 2020 DRAFTING GROUP. . . . . . . . ...................................................................... . 182
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ICC Afghanistan |
Under review/re-organisation |
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ICC Albania |
c/o Banka Kombetare Tregtare (BKT), Blvd “Zhan D’Ark” |
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ICC Argentina |
Bilingual Spanish/English, 4,200 ARS Address: Bartolome Mitre 226 C1003AAN, Buenos Aires. Office opening hours: 10h--17h Contact: Iccargentina@cac.com.ar, (+54) 91153009038 |
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ICC China |
c/o 10th Floor, CCOIC Building, No.2 Huapichang Hutong, Xicheng District |
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ICC China Taipei |
Chinese Taipei Business Council of ICC |
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ICC Costa Rica |
Bilingual Spanish/English, 48,000 Colones Address: Barrio Tournón 175 noroeste del Centro Comercial El Pueblo, San Jose. Office opening hours: 8h-17h Contact: info@icccostarica.com, (506) 40524400 ext 1090 |
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ICC Croatia |
c/o Croatian Chamber of Economy, Rooseveltov trg 2, P.O. Box 630 |
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ICC Czech Republic |
Bilingual Czech/English, Price: 850 CZK Address: Na Florenci 2116/15, 110 00 Praha 1 Prague. Office opening hours: 8h-17h Contact: filipkova@icc-cr.cz, (42) 0257217744 |
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ICC Denmark |
Börsen, 1217 Copenhagen K, Denmark |
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ICC Ecuador |
English, Price: 56 USD Address: Av. Amazonas y República, Edf. Las Cámaras Quito. Office opening hours: 8:30h- 18h Contact: asistente@iccecuador.ec, (593) 022976500 |
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ICC Estonia |
A.H Tammsaare tee 47, Tallinn 11316, Estonia |
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ICC Finland |
Alvar Aallon katu 5 C, 00100 Helsinki, Finland |
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ICC France |
29, rue de Miromesnil, 75008 Paris, France |
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ICC Germany |
Bilingual German/English, Price: 54,67€ Address: Wilhelmstraße 43 G, Leipziger Straße 121-10117 Berlin. Office opening hours: 9h-17h Contact: bestellung@iccgermany.de, 49 (0) 4023714-291 |
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ICC Georgia |
3/29, Polikarpe Kakabadze St., (Near Funicular) Tbilisi, Georgia Tel: +(995 32) 298 81 76 https://icc.ge/index.php/incoterms-2020/ |
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ICC Guatemala |
Bilingual Spanish/English, Price: 700 Quetzal Address: Ruta 6, 9-21 zona 4, Edificio Cámara de Industria, nivel 11. Ciudad de Guatemala. Office opening hours: 8h-17h Contact: kachinchilla@industriaguate.com, (502) 23809000 |
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ICC India |
English, Price: 4,500 INR Address: ICC India, Federation House, Tansen Marg, 110001 New Delhi . Office opening hours: 9:45h-17:45h Contact: iccindia@iccindiaonline.org, (91)1123487375 |
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ICC Iran |
4th Floor.No 6, Ostad Ghaderi Alley, Taleghani Avenue |
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ICC Italy |
Bilingual Italian/English Address: Via Barnaba Oriani, 34 00197 Roma, Italy Tel: +39 06 42 03 43 01 Fax: +39 06 48 82 677 Email: icc@iccitalia.org Website: www.iccitalia.org |
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ICC Japan |
Marunouchi Nijubashi Bld 2-22, Marunouchi 3-chome |
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ICC Jordan |
c/o Amman Chamber of Commerce Building, Shmaisani, Shaker Bin Zaid Str., P.O. Box 940170, Amman, 111 94, Jordan |
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ICC Korea |
Chamber of Commerce Bldg, 39 Sejongdaero, Joong-gu, Seoul 100-743. |
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ICC North Macedonia |
Office : c/o Macedonian Chambers of Commerce Crvena Skopska Opstina Number.10 Skopje-Center Tel /Fax: + 38923091440 |
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ICC Netherlands |
Bezuidenhoutseweg 12, Den Haag, 2594 AV, Netherlands |
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ICC Norway |
St. Olavs Gate 27, 0166 Oslo, Norway Email: post@iccnorge.no |
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ICC Panama |
Bilingual Spanish/English, Price: 60 USD Address: Ciudad del saber, edif. 104 Inovación, oficina 14 Ciudad de Panama. Office opening hours: 9h-17h Contact: comitecci@panacamara.org, (507) 3063133 |
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ICC Poland |
c/o Polish Bank Association, Kruczkowskiego 8 |
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ICC Portugal |
Bilingual English/Portuguese, Price: 45 Address: Rua das Portas de Santo Antao, 89, 1169-022 Lisboa. Office opening hours: 09:30h to 18h Contact: geral@icc-portugal.com, (351)210405115 |
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ICC Russia |
Under review/re-organisation |
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ICC Serbia |
c/o Chamber of Commerce and Industry of Serbia, 13-15 Resavska Street |
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ICC Slovakia |
c/o Slovak Chamber of Commerce and Industry, Grösslingova 4 |
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ICC Spain |
Avinguda Diagonal, 452-454, Barcelona, 08006, Spain |
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ICC Sweden |
Bilingual Sweden/English, Price: 840 SEK Address: Birger Jarlsgatan 25, 111 45, Stockholm. Contact: info@icc.se, 46 (0) 84408920 |
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ICC Thailand |
3/F Board of Trade of Thailand Building, 150/2 Rajbopit Road, Pranakorn |
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ICC Turkey |
Dumlupinar Bulvari, 252, (Eskisehir Yolu 9. km) |
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ICC Ukraine |
19-B, Reytarska Str., Kyiv, 01030, Ukraine |