Updated trade terms “Incoterms 2020” available in Android and IOS apps

The Incoterms define the responsibilities of buyers and sellers for the delivery of goods.

The Incoterms were first created by the International Chamber of Commerce (ICC) in 1936 to help traders avoid misunderstandings by clarifying the costs, risks, and responsibilities of both buyers and sellers in the delivery of goods.

The ICC recently launched the latest edition of its trade terms, Incoterms 2020. Revisions have been made to ensure that the wording of the Incoterms clearly and accurately reflects present-day trade practices.

In order to provide importers and exporters with digital access to keep up to date with the Incoterms 2020 rules, the ICC provides free apps in IOS and Android (vesion 6 or higher).

Link: Incoterms 2020 app

“Incoterms” is a registered trademark of ICC