Incoterms make
international trade easier and help traders in different countries
to understand one another. These standard trade definitions that are
most commonly used in international contracts are protected by ICC
copyright.
To assist traders to understand
the areas that the 13 Incoterms cover and how each one works, the
official ICC website now publishes the Preambles to each term in read-only
format, together with basic information and background.
The Preambles do not spell out
the obligations of buyer and seller, which are essential to correct
use of Incoterms. This information may be obtained by consulting the
full published texts of the 13 Incoterms, available from ICC Publishing
and ICC national committees throughout the world.
Incoterms is developed, maintained
and promoted by ICC Commission on Commercial Law and Practice
To view the Incoterm
Preambles, click here
to be redirected to the ICC
website. Link will open in a new window.
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