Revised Incoterm rules to come into effect in New Year
Published: Wednesday, 15 December 2010
International Chamber of Commerce revises trade terms into two sections
The International Chamber of Commerce (ICC) brings into
effect the latest revision of its internationally recognised
trade terms, Incoterms 2010, on 1 January 2011.
Incoterms, which is short for international commercial
terms, are widely used in the minerals industry all over
The terms were first introduced in 1936...