Since 1936, the
Incoterms® trademark has covered a series of rules that ensure clarity and
quality in the drafting of contracts between the different operators involved
in national and international transactions.
The last edition of Incoterms® rules came into force on 1st
Resulting from the
work by a group of specialists put together on the initiative of the
International Chamber of Commerce (ICC), Incoterms® rules have become a global
standard of referral for their clarity and functionality. In fact they identify
unequivocally all possible operators and passages for transactions (sender,
customs, harbour or airport, frontier, mean of transportation, infrastructures,
addressee), and identify punctually the
costs allocated on each operator of the value chain.
The six editions of Incoterms® rules published so far have
gradually acknowledged the transformation of the market and the needs of
operators at an international level, thanks to the contribution of commercial
law experts and consultants of the International Chamber of Commerce.
Being aware of the
importance of Incoterms® rules, the ICC has authorized their translation in 31
languages by its national offices, and offers a 6 hour on-line course aimed at
their knowledge and correct application.
To find out more: