Thursday, April 9, 2015

The Incoterms rules

                                            The Incoterms rules

              The Incoterms rules have become an essential part of the daily language of trade. They have been incorporated in contracts for the sale of goods worldwide and provide rules and guidance to importers, exporters, lawyers, transporters, insurers and students of international trade.

                                   International chamber of commerce

     ICC - provides a forum for business and other organizations to examine and better comprehend the nature and significance of the major shifts taking place in the world economy.

ICC - helps governments manage those shifts in a collaborative manner for the benifit of the world economy as a whole over the years, ICC has taken a central role in international trade and business.

It forges international rules, mechanisms and standards that are used every day throughout a vastly more complex world than that of 1919. 


In 1919 , a handful of entrepreneurs decided to create an organization that would represent business everywhere.The group of industrialists, financiers and traders were determined to bring economic prosperity to a world that was still reeling from the devastation of world war 1.

They found the international chamber of commerce and called themselves " the merchants of peace.

ICC was founded in 1919 under the leadership of its first president Etienne Clementel, a former french minister of commerce , since that time the international secretariat of the organization has been located  in Paris, France.

ICC - prepare policy products, including statement to contribute to intergovernmental discussions, as well as rules and codes to facilitate international business transactions.

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