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I NTERNAT I ONAL COMMERC I AL LAW

7

been shipped by the first seller in the string

2

. The seller in the middle of the

string therefore performs its obligations towards its buyer not by shipping

the goods, but by “procuring” goods that have been shipped.

Incoterms® 2010 rules includes the obligation to “procure goods

shipped” as an alternative to the obligation to ship goods in the relevant

Incoterms rules.

c. Significant issues that must be taken into consideration when

using Incoterms® 2010

Not only uniform interpretation of Incoterms is significant but also

being well informed about Incoterms in order to be able to choose the

appropriate Incoterm rules convenient for the particular transaction between

them is rather important for the parties. Therefore, while incorporating

the Incoterms 2010 rules into their contract, parties must carefully read

the rules and the guidelines that are placed before each Incoterm. The

mentioned guidelines explain the fundamentals of each Incoterm rule and

try to assist the users to accurately and efficiently choose the appropriate

Incoterm rule for that particular transaction.

It is also very important to specify the place or port as precisely as

possible in order for chosen Incoterm rule to be able to work and to avoid

the parties to face unexpected duties to be borne on them.

As a last remark, as stated under Section II (B) (1) (b) above, Incoterm

rules do not regulate every aspect of a commercial relationship and do not

give the parties a complete contract of sale. Therefore, parties should deal

with through express terms in the contract of sale or in the law governing

that contract as to issues not covered by Incoterms.

The parties should also be aware that mandatory local lawmay override

any aspect of the sale contract, including the chosen Incoterms rule.

Incoterms® 2010 Rules have been launched on September 2010 and

will enter into force officially on 1st January 2011. Until the entry in force

of Incoterms® 2010, the parties are free to use either Incoterms 2000 or

Incoterms® 2010. After 1st January 2011, unless otherwise stated by the

parties, all references to Incoterms rules will be deemed to be made to

Incoterms® 2010. As any new version of Incoterms does not cancel the old

2 Incoterms 2010, p. 9.