Non-standard aspects of Incoterms® application and ways for further international trade customs unification

Authors

  • Andrej Moiseevich Golubchik Moscow Automobile and Road Construction State Technical University (MADI)
  • Konstantin Vladimirovich Kholopov Russian Foreign Trade Academy

Keywords:

Incoterms, terms of delivery, international trade contracts, carrier, consignor, freight owner, consignee

Abstract

80 years have passed since the first edition of the well-known trade terms and conditions, the Incoterms, which has at least some relation to any foreign economic activity. The Incoterms has become an integral part of the business practices as commonly accepted and acknowledged code of business customs. It facilitated considerably foreign trade transactions of the most varied forms and contents. However, the Incoterms was not only entrenched in business practices as a backbone of contractual work but has been evolving, with taking the most unexpected forms and found application among carriers and freight forwarders. In the article, the authors present the results of their study of this phenomenon and give suggestions for editorial alterations to Incoterms®2020.

Author Biographies

Andrej Moiseevich Golubchik, Moscow Automobile and Road Construction State Technical University (MADI)

Candidate of Economic Sciences

Work place, position: Moscow Automobile and Road Construction State Technical University (MADI), department of Legal and Customs Management of Transport , Sciences

Konstantin Vladimirovich Kholopov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor

Work place, position: Russian Foreign Trade Academy, Department of foreign trade and international transactions - Head of the Department

Published

2024-02-08

How to Cite

Golubchik, A. M., & Kholopov, K. V. (2024). Non-standard aspects of Incoterms® application and ways for further international trade customs unification. Russian Foreign Economic Journal, (11), 110–118. Retrieved from https://journal.vavt.ru/rfej/article/view/2221

Issue

Section

Research reviews

Most read articles by the same author(s)

1 2 3 4 5 6 > >>