• Incoterms 2020 1
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Incoterms 2020

The ICC Incoterms® Rules app is the only official tool from the International Chamber of Commerce (ICC) that brings together essential news, information and insight regarding the commercial trade terms in one, easy-to-access location.

The Incoterms® rules define important responsibilities of buyers and sellers for the delivery of goods under sales contracts and serve as authoritative rules for determining how costs and risks are allocated to parties.

KEY FEATURES:

• Browse descriptions of each of the 11 Incoterms® rules.
• Get information on which trade term to include in your sales contracts, depending on the mode of transport: air, rail, road, sea or a combination thereof.
• Connect with ICC’s global network of experts to get advice on the most pressing Incoterms® rules questions facing your enterprise.
• Discover events and specialised trainings taking place worldwide.
• Read comprehensive up-to-date news coverage.
• Shop added resources to help take your business global and expand growth
ICC’s core mission is to make business work for everyone, every day, everywhere. As the world’s largest business organization representing more than 45 million companies in over 100 countries, we draw on the expertise and experience of our global membership. ICC offers an extensive catalogue of voluntary rules, guidelines and codes, which facilitate cross-border transactions and help spread best business practice among companies.

ICC is the creator of the Incoterms® rules and continues to update the trade terms to keep pace with ever-changing trade landscape.

INCOTERMS® 2020, THE MOST CURRENT EDITION OF THE RULES, INCLUDES THE FOLLOWING 11 TERMS:

Rules for any mode or modes of transport:
• EXW: Ex Works
• FCA: Free Carrier
• CPT: Carriage Paid To
• CIP: Carriage and Insurance Paid To
• DAP: Delivered at Place
• DPU: Delivered at Place Unloaded
• DDP: Delivered Duty Paid

Rules for sea and inland waterway transport:

• FAS: Free Alongside Ship
• FOB: Free on Board
• CFR: Cost and Freight
• CIF: Cost Insurance and Freight

Category : Business

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Reviews (12)

Lyd. F. Nov 19, 2019     

The app is fine but as with the podcast I didn't get what I truly need out of it. If your looking for real life examples that will help you undesatnd the implications in any given transaction, neither this or the ICC podcast is it.

Chr. P. Nov 19, 2019     

App looks like it is just a link to an online book shop. Can't purchase anything, no in-app purchase available. Need to sign up to another account and buy/view on Adobe.

Pau. B. Jun 21, 2020     

It's Nice podcast but if the intento is to learn about the changes from Incoterms 2010 it is better to enrolou um a training course... This way you'll receive ano posters that the instructor is provoding together with sumárias /slides

Han. R. Jun 28, 2021     

Very useless app. Provides minimal information. Can't even order the book and/or ebook from the app. What is the point?

Rub. C. A. May 20, 2020     

The app is awesome, really handy for University. Keep up with the great work!

Geo. P. Dec 20, 2019     

Only basic description of each Incoterm. Does not contain the Incoterms themselves ‐ just links to ICC bookshop.

Gin. W. Dec 20, 2019     

Not what I was expecting. Not enough infirmation provided against each Incoterms. Not worth downloading sorry!

Dil. E. Sep 29, 2020     

Its looks like online book store.. Not for Knowledge sharing..

Jan. R. Oct 16, 2021     

Great education tool

Moh. R. A. H. Feb 22, 2020     

Is the app not functioning anymore?

Sam. O. A. Nov 25, 2019     

The new direction by ICC is worth praising. You are, indeed, bringing businesses to the doorsteep of everyone, everywhere.

Min. T. T. Oct 14, 2019     

I love it