Incoterms 2010 define the responsibilities of Buyer and Seller for delivery of goods under International and Domestic Sales Contracts
The revised Incoterms 2010 were launched in September 2010 with effect from 1 January, 2011 as announced by The International Chamber of Commerce (ICC).
Incoterms® rules are revised about once a decade to keep up with the rapid expansion of world trade and globalization. Since the last revision in 2000, much has changed in global trade and the current revision take into account issues such as developments in cargo security post 9/11 and the growing need to replace paper documents with electronic ones.
Incoterms® 2010 Resources
As more details are released by the International Chamber of Commerce (ICC) and particularly the Incoterms® 2010 publication, there is much analysis and discussion on the impact of these changes to the structure and definitions of the Incoterms® and the implications for those who use or are impacted by these International Commercial Terms.
Those most impacted by the changes include International Traders, Importers, Exporters, Customs and other Government Authorities, Transport Operators, Customs Brokers, Freight Forwarders, Logistics operators, Financial and Insurance Institutions as well as the Legal Profession.
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LINKS TO INCOTERMS 2010 INFORMATION:
Incoterms 2010 Home Page
Incoterms 2010 Publications
Incoterms 2010 Articles
Incoterms 2010 Events
Incoterms 2010 Videos
Incoterms 2010 News
Import Export Made Easy Home Page
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