ICC about Incoterms 2020 fake news

International Chamber of Commerce advises that only ICC and its global offices, known as national committees and groups, are in the position to authentically inform you about the current status of the Incoterms® 2020 rules until their publication.

The new Incoterms® 2020 rules are under the drafting process to which ESC has already contributed. The new rules will be released in the third quarter of 2019 and will come into effect in January 2020. In addition to the public release of the new rules, official ICC certified training will be also made available. Users are also advised to be aware of deceptive “early training” offers from bodies other than ICC, ICC national committees, and groups, or the ICC Academy, which will offer an online course and exam on the Incoterms® 2020 rules.

The Incoterms® rules – maintained and revised by ICC since their first publication in 1936 – increase legal certainty in international trade and have become an integral part of international trade through their use in contracts for the sale of goods. A central aim of the current revision is to make the new Incoterms rules as user-friendly as possible and to promote a better understanding of the rules that will help users worldwide choose the right Incoterms rule for their transaction and avoid costly errors.

For further information, please contact the ICC national committee in your country.