BRIEF HISTORICAL EXCURSION ON INCOTERMS RULES FROM 1936 TO 2020, WITH ACCENT TO THE NEW EDITION

Abstract

This article provides a short historical excursion into the 9 editions of Incoterms from 1936 to 2020, and focuses on the new edition of Incoterms 2020. International commercial terms Incoterms - is one of the most famous collection of trading customs around the world. Currently, the following Inco terms publications have been published in 1936, 1953, 1967, 1976, 1980, 1990, 2000 and 2010. On January 1, 2020, the official publication of the new 9th edition of Incoterms is planned, including in Russian. Already the official launch of Incoterms(r)2020 was carried out on September 10, 2019. The new edition has undergone major changes. Moreover, prior to the period of the official publication of the new edition, the press published a lot of unofficial information containing conflicting facts about the contents of Incoterms 2020. The author of this article tried to analyze the main ones by changing Incoterms 2020, using only reliable information contained in the official publications of the ICC.