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Abstract
in
forInternational used
all Settlements,arewidely
Guarantees,asimportantway
and economic
internationalanddomestic other activities,which
trade,loanfinancing
reducedtheriskof alsoensurethesmooth
not have transaction,but
only greatly
business have
ofinternational them,demandguarantees
progress activities.Among
internationalcommerce.
financialtoolsof
becomethemost new
important
ChamberofCommerce
In to theuseof International
order guarantees,the
regulate
international haveissuedaseriesof
UNCITRALandother organizations
(icc),the
these Uniform
relevantintemationalconventionsand rules,‘the
practices.Among
forDemand ICClaunchedthe
Rules importantrole,and
Guarantees”playedespecially
of
isthe version
revised 1,2010.URDG758upgrade
edition(URDG758)atJuly
setof is
more isalsoanew rules,which
URDG458,butimportantly,it guarantees
to
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