Incoterms in International Trade Law
DOI :
https://doi.org/10.69760/egjlle.2500014Mots-clés :
Incoterms, Vienna Convention, 1980 Convention on the International Sale of Goods, International Chamber of Commerce, UNCITRAL, International Trade Law, Commercial CustomRésumé
Post-World War II, worldwide trade and commerce in products have expanded considerably. This expansion is strongly correlated with the substantial rise in population and the swift advancement of technology and transportation methods. The requirements and expectations of contemporary society have led to significant transformations in international trade and the economy, resulting in heightened associated risks.
A multitude of private and public international lawyers and legal entities, including the United Nations and various international organizations, have endeavored to unify international trade law to substantially mitigate commercial risks and to legally integrate the economic and commercial activities of international actors under uniform regulations.
The International Chamber of Commerce is one such entity that has been issuing a series of three-letter phrases for the structuring of international buy and sale contracts, known as Incoterms, since 1935. These provisions have been essential in resolving international economic disputes. Whether these cases are adjudicated in domestic courts, through arbitration, or at the cross-border and international levels.
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© EuroGlobal Journal of Linguistics and Language Education 2025
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