New International Commercial Terms Take Effect January 1, 2020
Most Exporters and Importers are familiar with INCOTERMS, the International Commercial Terms published by the International Chamber of Commerce every ten years. New INCOTERMS go into force on January 1, 2020, so this is a good time to take a fresh look at your contract documents and shipping/delivery arrangements. The Lehigh University Export Network (“LEXNET”) […]