Incoterms 2020

Incoterms® (International Commercial Terms) is a term for standardized regulations in purchase and sales agreements. In connection with national and international transports, Incoterms® defines – among others things – when a passing of risk between buyer and seller takes place and who of the parties bear the cost during transport. Incoterms® is a registered trademark of International Chamber of Commerce.

Valid on January 1st 2020.

Incoterms 2020

Full description