If we think about international trade and the principles guiding it, Incoterms or international commercial terms definitely need to be taken into account.
Created in 1936 by the International Chamber of Commerce, these terms have undergone different modifications until reaching their current version, in force since 2010, and are about to be modified again into their 2020 version, which we are about to thoroughly review in this article.
Incoterms and international trade
Incoterms were created with the aim of enabling a better understanding between the parties involved in an international trade transaction, avoiding possible misunderstandings in the event […]
