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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.
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods).
As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within North America to describe the point at which a seller is no longer responsible for shipping costs. Ownership of a cargo is independent of Incoterms, which relate to delivery and risk.
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2020-1 [39] 2020-07-01 400 27 14 13 454 2020-1 UNLOCCODE SecritariatNotes.pdf: "UN/LOCODE 2020-1 main code list has now 111 897 entries." 2020-2 [40] 2020-12-15 267 76 25 14 382 2020-2 UNLOCCODE SecritariatNotes.pdf: "UN/LOCODE 2020-2 main code list has now 112 151 entries." 2021-2 [41] 2021-12-13 3698 1289 888 108 5983
The last edition as ISO 32000-2:2020 was published in December 2020. [6] PDF files may contain a variety of content besides flat text and graphics including logical structuring elements, interactive elements such as annotations and form-fields, layers, rich media (including video content), three-dimensional objects using U3D or PRC, and various ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 7 February 2025. For a list of countries by merchandise exports also showing merchandise imports and the resulting trade balance, see List of countries by net goods exports. The following article lists different countries and territories by their merchandise exports according to data from the World Bank ...