New rules for international trade: INCOTERMS 2020

6/22/22

On January the 1st, 2020, the new updated version of the INCOTERMS, rules of International Trade, came into force. Nowadays these 11 commercial terms are used widespread by international operators.

For the purposes of credit insurance coverage, its correct use is decisive when establishing where and when the merchandise is delivered, the moment from which the credit risk arises.

Check the INCOTERMS 2020 TABLE and find out solutions in your international negotiations.