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Winter 2022/2023 Newsletter added to Member Information section

08/02/2023 The latest newsletter providing details of the two Opinions approved by the ICC at its meeting on 31 January, together with the text of the fifth Technical Advisory Briefing document can be found in the Members Information section under the Newsletters / Articles / External Publications tab.

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Letters of Credit Are Not Disappearing; They Are Evolving! 24/09/2026

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Latest Question

Incoterms in LC are CIP Phuntsholing Bhutan as per incoterms 2020 Invoice has segregated cost as below Ex works - Amount USD 100 Freight - Amount USD 20 Insurance Amount - USD 10 TOTAL - CIP Amount USD 130 Will addition of freight and insurance to ex-works lead to CIP amount or it should have been FCA instead of EXW to reach CIP amount?