Trade in much of the emerging and developing world, notably to, from and within Asia, but what does this mean for Incoterms Rules?
There is no doubt that the new Incoterms® 2020 are very usable in the context of trade within the Europe/Central Asia land mass and transported by land, just as the 2010 and earlier versions were.
Incoterms 2020 are now live. DAT has changed to DPU, insurance points are clarified on C-terms, transport security is now well defined, own transport is accounted for, changes to FCA/FOB regarding Bills of Lading…
Today we’re reminding our listeners that incoterms rules are changing at the start of 2020. With the updates and specific changes to be announced very shortly by the International Chamber of Commerce. We are delighted to be joined by a world-renowned exporting expert, Mr Robert Ronai.