Commercial Trading Parameters

Incoterms Update

ICC’s world renowned Incoterms® rules facilitate trillions of dollars in global trade each year. 

Since its founding in 1919, ICC has been committed to the facilitation of international trade.

Different practices and legal interpretations between traders around the world necessitated a common set of rules and guidelines. As a response, ICC published the first Incoterms® rules in 1936. We have been maintaining and developing them ever since.

To view the latest publications on Incoterms, please visit the ICC website:

The South African Association of Freight Forwarders