Foreword
By Rajat Gupta,ICC Cbairman
The global economy has given business broader access than ever before to markets all over the world. Goods are sold in more countries,in large quantities, and in greater variety. But as the volume and complexity of global sales increase, so do possibilities for misunderstandings and costly disputes when sale contracts are not adequately drafted.
The Incoterms? rules, the ICC rules on the use of domestic and international trade terms, facilitate the conduct of global trade. Reference to an Icoterms 2010 rule in a sale contract clearly defines the parti
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