Conference on ICC Model Contracts and the Revision of the Incoterms® Rules
International Chamber of Commerce (ICC) organized a conference on ICC Model Contracts and the Revision of the Incoterms® Rules on 19th April 2017 at Auditori Banc Sabadell in Barcelona, with the contributions of ICC Spain.
At the conference, Prof. Dr. H. Ercüment Erdem, Founder and Senior Partner of Erdem & Erdem and Co-chair of ICC CLP Commission, made a presentation on importance of the ICC Model Contracts as part of the soft law.
In his presentation Prof. Erdem highlighted the features of different ICC Model Contracts as part of a source of soft law. In addition he emphasized that ICC Model Contracts give priority to transaction and not to a certain industry, they are designed for B2B transactions and they are user friendly and well balanced.