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Incoterms rules where first published in 1936. Intercoms are a series of commercial terms published by the International Chamber of Commerce (ICC) that are widely used in commercial (international) and Procuremnet transactions and processes. The rules are accepted by governments, legal authorities and practitioners worldwide for terms used in international trade. Incoterms are periodically updated, the 8th version published in January 2011.

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12y ago

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