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    The Study on the Development of International Commercial Terms Rules by Qingrui Guo

    Published 2024-12-01
    “…In 1936, in order to unify the order of international commercial trade transactions, the International Chamber of Commerce formulated the standard International commercial terms rules, which have been revised nine times so far, including two revisions since the 21st century, that is, Incoterms® 2010 and Incoterms® 2020. …”
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    Identifying factors affecting delivery points, risk transfer and costs in international trade with an emphasis on Incoterms 2020 by Morteza Babaie, Firouze Haji Aliakbari, Fereshte Lotfizade, Arshad Farahmandian

    Published 2024-12-01
    “…With the increase in the volume and complexity of the business, especially globally, the likelihood of disputes or misunderstandings of the supply chain partners has also increased; therefore, a set of commercial terms, called Incoterms rules, is designed by the International Chamber of Commerce to standardize the performance of businesses when concluding a contract for the sale of goods (Davis & Vogt, 2021). …”
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