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Incoterms 2020
1936 - 1ST EDITION
1967 - 3RD EDITION
1953 - 2ND EDITION
1976 - 4TH EDITION
1980 - 5TH EDITION
1990 - 6TH EDITION
2000 - 7TH EDITION
2010 - 8TH EDITION
Incoterms 2020
9th Edition
Incoterms 2020
Incoterms 2020 - 9th Edit ion Timeline
FinishStart
1st Draft 2nd Draft 3rd Draft Published
Aug 2016 May 2018 Jan 2020Jan 2017 Sept 2019
Effective from
Incoterms 2020
MIKE JONES
STEVE MORRIS
ANGELA SONG
RUTH SNOWDENTEJ CONTRACTORROBERT KEEN THOMAS SIM
DAVID FIELDERKAYIHAN TURAN ANTOINE SEBASTIAN
Incoterms 2020
01 0302 04
Emphasis on Introduction
INTRODUCTION
Guidance note presented as Explanatory note
EXPLANATORY NOTE
Clearer explanation on Sale and Ancillary Contracts
CONTRACTS
Reordering Rules to give Delivery and Risk more
prominence
DELIVERY & RISK
Incoterms 2020
CHANGES IN INCOTERMS 2020
A6 / B6 Provides for a Bill of Lading to be issued in a FCA Move
01
Incoterms 2020
CHANGES IN INCOTERMS 2020
01
02
A9/B9 List all costs pertaining to the Incoterms, eg. Delivery Doc.
Incoterms 2020
CHANGES IN INCOTERMS 2020
01
02
03Different Levels of Insurance Cover in CIP and CIF
Incoterms 2020
CHANGES IN INCOTERMS 2020
01
02
03
04
Arranging Carriage instead of Making Carriage
Incoterms 2020
CHANGES IN INCOTERMS 2020
01
02
03DAT name change to DPU, but not limited to Terminal
Incoterms 2020
CHANGES IN INCOTERMS 2020
01
02
Security related obligations added to A4 and A7 of each Incoterm
Incoterms 2020
CHANGES IN INCOTERMS 2020
01
Guidance note is now an Explanatory Note for users
Incoterms 2020