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Application of ICC trade finance rules in the context of the Middle East conflict
Recent developments in the Middle East have raised practical questions for trade finance operations.
The International Chamber of Commerce Banking Commission has issued a short guide recalling how existing ICC rules apply in the current context.
The key takeaway for practitioners is straightforward:
The application of UCP600, URDG758, URC522 and ISP98 remains unchanged.
At the same time, the guide highlights practical points to keep in mind, including potential delays in document transmission, operational disruptions, and the option to use electronic presentation where agreed.
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Delivered at Place - DAP Incoterms® 2020, Abladebereitschaft
Immer wieder kommt es in der Praxis beim Incoterm DAP Delivered at Place zu unterschiedlichen Interpretationen von Verkäufer und Käufer bzw der beauftragten Spedition, wann die geforderte Abladebereitschaft gegeben ist. Um hier mehr Klarheit zu schaffen, hat unsere Juristin Mag. Angelika Zoder mit unserem Experten Gernot Fischbach beiliegende Interpretationshilfe verfasst. Individuelle Beratung erhalten Sie dazu bei den ICC Austria Juristen Mag. Paulus Krumpel und Mag. Angelika Zoder.
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