@article{ART002774854},
author={Kim Hee-Jun},
title={The Incoterms 2020 revision : Unsolved problems on FCA Rules},
journal={Journal of International Business Transactions Law},
issn={2982-5903},
year={2021},
number={35},
pages={85-101},
doi={10.31839/ibt.2021.10.35.85}
TY - JOUR
AU - Kim Hee-Jun
TI - The Incoterms 2020 revision : Unsolved problems on FCA Rules
JO - Journal of International Business Transactions Law
PY - 2021
VL - null
IS - 35
PB - The Institute for Legal Studies Dong-A University
SP - 85
EP - 101
SN - 2982-5903
AB - The Incoterms rules are well known throughout the whole world and they are the most commonly used trade terms by the parties, lawyers and courts. ICC updates the Incoterms rules almost every 10 years to reflect modern commercial practice. The latest version of the ICC Incoterms 2020 entered into force on 1 January 2020. The 2020 revision made several significant modifications to the earlier terms. Incoterms 2020 now provides for an additional option. Buyer and seller may instruct the carrier to issue a bill of lading to the seller after loading the goods, and the seller may agree that it is obligated to bid the bill of lading to the buyer, usually through the bank. In this article, the author briefly reviews the revisions of Incoterms 2020 and examines unsolved problems on FCA rule. Examining the reasons for the revision disclosed by ICC, it is doubtful whether they are properly understanding the reality of L/C transactions on FCA.
KW - Incoterms 2020;FCA;International Trade Law;Bills of Lading;Letter of Credit;UCP
DO - 10.31839/ibt.2021.10.35.85
ER -
Kim Hee-Jun. (2021). The Incoterms 2020 revision : Unsolved problems on FCA Rules. Journal of International Business Transactions Law, 35, 85-101.
Kim Hee-Jun. 2021, "The Incoterms 2020 revision : Unsolved problems on FCA Rules", Journal of International Business Transactions Law, no.35, pp.85-101. Available from: doi:10.31839/ibt.2021.10.35.85
Kim Hee-Jun "The Incoterms 2020 revision : Unsolved problems on FCA Rules" Journal of International Business Transactions Law 35 pp.85-101 (2021) : 85.
Kim Hee-Jun. The Incoterms 2020 revision : Unsolved problems on FCA Rules. 2021; 35 : 85-101. Available from: doi:10.31839/ibt.2021.10.35.85
Kim Hee-Jun. "The Incoterms 2020 revision : Unsolved problems on FCA Rules" Journal of International Business Transactions Law no.35(2021) : 85-101.doi: 10.31839/ibt.2021.10.35.85
Kim Hee-Jun. The Incoterms 2020 revision : Unsolved problems on FCA Rules. Journal of International Business Transactions Law, 35, 85-101. doi: 10.31839/ibt.2021.10.35.85
Kim Hee-Jun. The Incoterms 2020 revision : Unsolved problems on FCA Rules. Journal of International Business Transactions Law. 2021; 35 85-101. doi: 10.31839/ibt.2021.10.35.85
Kim Hee-Jun. The Incoterms 2020 revision : Unsolved problems on FCA Rules. 2021; 35 : 85-101. Available from: doi:10.31839/ibt.2021.10.35.85
Kim Hee-Jun. "The Incoterms 2020 revision : Unsolved problems on FCA Rules" Journal of International Business Transactions Law no.35(2021) : 85-101.doi: 10.31839/ibt.2021.10.35.85
