In international sale contracts, the International Chamber of Commerce ("ICC") has produced a set of commercial/trade regulations known as the Incoterms.
The Incoterms are optional; the parties to a contract must expressly integrate them in order for them to have legal force. And that's one of the tasks that DocShipper carries out; using our specialist expertise, we make these operations easier for our clients.
Following a description of Incoterms' categorization, we'll go over some of the fundamental characteristics of both Incoterms used for all modes of transportation and those used solely for sea and inland canal transportation. We'll also go through the Incoterms 2020 regulatory adjustments.