Incoterms® 2020

The Incoterms® rules are the world’s essential terms of trade for the sale of goods. Whether you are filing a purchase order, packaging and labelling a shipment for freight transport, or preparing a certificate of origin at a port, the Incoterms^® rules are there to guide you. The Incoterms^® rules provide specific guidance to individuals participating in the import and export of global trade on a daily basis.

The new Incoterms ® 2020 was released on 11^th September 2020.