ICC INCOTERMS 2020 – COMMENTARY

On 1st October, HFW published an article saying that the International Chamber of Commerce (ICC) published the 9th revision of the Incoterms last month. It will come into force on 1st January, and that though parties to English law contracts will remain free to choose which version of Incoterms to incorporate into their contracts, for contracts entered into from 1st January onwards, Incoterms 2020 will apply unless the contract expressly specifies otherwise.  It briefly highlights changes made and comments on enhanced and expanded graphics used to give users an easy reference point to check whether the Incoterm they have selected meets their needs.

http://www.hfw.com/ICC-Incoterms-2020-Commentary

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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