In my most recent post to the Texas Construction Law Blog, I discussed the correlation between Incoterms and tariffs. As a refresher, Incoterms, ...

At the time, the world’s trade industries were already almost 50 years into an experiment meant to help deliver on this promise: a unified code of communication called “Incoterms rules” or ...

Incoterms can also be (and are frequently) used for U.S. domestic contracts, in which both parties are located in the U.S. The Uniform Commercial Code (UCC) also includes standardized shipping ...

and the current version—Incoterms 2020—has 11 terms. These are often identical in form to domestic terms, such as the American Uniform Commercial Code, but may have different meanings.

In 1936, the International Chamber of Commerce (ICC) developed a set of three-letter acronyms known as Incoterms for use in sale of goods contracts to allocate risk of loss and expenses between ...

This eventually led to the compilation and publication of what is known today as the Incoterms rules. Exporters and importers globally rely on the International Chamber of Commerce’s Incoterms ...

MANILA, Philippines — The Center for Global Best Practices, in collaboration with the International Chamber of Commerce, will host a training program titled “Incoterms 2020: Revised ...