Bundled Set: Incoterms 2010 & Incoterms 2010 Wallchart

The new Incoterms 2010 rules, entering into force on 1 January 2011, include a number of changes to keep pace with the development of international trade, including:-

• Extensive guidance notes explaining the fundamentals of each Incoterms rule, such as when it should be used; when risk passes; and how costs are allocated between buyer and seller
• New classifications to help choose the most suitable rule in relation to the mode of transport
• Advice for the use of electronic procedures
• Provisions for the allocation of obligations related to security-related clearances for shipments
• Updated provisions in relation to insurance taking into account the revision of the Institute of Cargo Clauses
• Enhanced usability for domestic trade.