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The first work published by the ICC on international trade terms was issued in 1923, with the first edition known as Incoterms published in 1936. The Incoterms rules were amended in 1953, [5] 1967, 1976, 1980, 1990, 2000, and 2010, with the ninth version — Incoterms 2020 [6] — having been published on September 10, 2019.
The latest (July 2007) revision of UCP is the sixth revision of the rules since they were first promulgated in 1933. It replaced UCP 500, [4] and was the outcome of more than three years of work by the ICC's Commission on Banking Technique and Practice.
Incoterms inform sales contract by defining respective obligations, costs, and risks involved in the delivery of goods from seller to buyer. Incoterms 2010, the 8th revision, refers to the newest collection of essential international commercial and trade terms with 11 rules. Incoterm 2010 was effective on and from January 1, 2011.
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The phrase passing the ship's rail is no longer in use, having been dropped from the FOB Incoterm in the 2010 revision. Due to potential confusion with domestic North American usage of "FOB", it is recommended that the use of Incoterms be explicitly specified, along with the edition of the standard. [9] [10] For example, "FOB New York ...
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2016-1 UNLOCCODE SecritariatNotes.pdf: "UN/LOCODE 2016-1 includes 104 848 entries. " 2016-2 [32] 2016-12-22 1631 284 23 40 1978 2016-2 UNLOCCODE SecritariatNotes.pdf: "UN/LOCODE 2016-2 includes 107 010 entries." 2017-1 [33] 2017-07-13 1201 89 45 55 1390 2017-1 UNLOCCODE SecritariatNotes.pdf: "UN/LOCODE 2017-1 main code list has now 108 170 ...
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