New Incoterms 2010

By: Carsten Lexa, LL.M. The Incoterms (“International Commercial Terms”)  are a series of international sales terms, published by the International Chamber of Commerce (ICC) and widely used in international commercial transactions.  These sales terms that govern delivery duties, transportation duties, duties regarding customs clearance and regarding transfer of risk have been revised. They will be published officially at the end of September

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