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ICC Incoterms 2020
ICC Incoterms 2020

The ICC Incoterms® 2020

The ICC "international commercial terms", known worldwide as the ICC Incoterms® rules, have been an internationally generally accepted set of definitions and terms of delivery for use in international and national purchase and sale agreements for goods with a global reach since 1936.

The ICC Incoterms ® 2020 version is the most recent international standard on international trade and is therefore the modern alternative to the ICC Incoterms ® 2010 rules. Over the past 10 years, these have been crucial tools for importers, exporters, lawyers, carriers and insurers all over the world.  ICC periodically reviews the rules. In addition to the experiences of users, changes in policies, environmental guidelines and new technology have been included in the adjustments. The ICC Incoterms ® 2020 provides buyers and sellers with an up-to-date framework. They are also easier to use.

The Incoterms® rules are internationally recognized three-letter trade terms that define the responsibilities, costs, and risks shared between buyers and sellers in global trade. Developed by the ICC through extensive consultation with traders, legal experts, freight forwarders, and insurers, the Incoterms® 2020 rules reflect modern trade practices. Over 3,000 comments and multiple expert consultations, including sessions in Beijing and London, helped ensure the rules remain clear, practical, and relevant in today’s evolving trade landscape.

What are the key changes in Incoterms® 2020? 

The Incoterms® 2020 address a demonstrated need in the market for on-board bills of lading under the Free Carrier (FCA) Incoterms® rule.

Free Carrier (FCA) has been revised for Incoterms® 2020 to cater to a situation where goods are sold FCA for carriage by sea and buyer or seller (or either party’s bank) requests a bill of lading with an on-board notation. FCA in article A6/B6 now provides for the parties to agree that the buyer will instruct the carrier to issue an on-board bill of lading to the seller once the goods have been loaded on board, and for the seller then to tender the document to the buyer (often through the banks). 

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5 jaar Incoterms 2020: Best Practices & Valkuilen

De Incoterms 2020 zijn inmiddels vijf jaar in gebruik. Wat hebben we geleerd? Welke valkuilen vormen nog steeds een uitdaging? En hoe kunnen we best practices toepassen om risico’s en kosten te beperken?

 

Op 26 juni 2025 organiseren we een geheel nieuwe editie van 5 Jaar Incoterms 2020: Best Practices & Valkuilen. Een must voor professionals in internationale handel, logistiek en contractmanagement.

Pre-registreer nu om uw plek te verzekeren en profiteer van de nieuwste inzichten van experts!

Pre-register hier!

Why are the Incoterms 2020 important for you?

Incoterms book

Get Your Copy Now

Unlock the potential of Incoterms® 2020 with ICC Netherlands. Our comprehensive guide simplifies international trade by clearly defining the responsibilities of buyers and sellers. Stay ahead in the global market with the latest insights and strategies from our team of experts. Get your copy today and ensure your business operates smoothly and efficiently.

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Incoterms® 2020 APP

Download the ICC’s official Incoterms® 2020 mobile app for comprehensive, easy-to-access summaries of the rules. Navigate international trade complexities with ease and make informed decisions with confidence.

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