Incoterms® 2020 announced: Get the latest info
The International Chamber of Commerce has announced its ten-yearly update. Incoterms® 2020 will take effect on January 1st, 2020.
The transport and logistics industry has been waiting for the International Chamber of Commerce to announce Incoterms® 2020, which will take effect on January 1st, 2020.
The announcement reveals no major changes - one Incoterm® has been renamed, cost allocation and security are more prominent and Guidance Notes have been expanded.
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