Incoterms 2020 MENA Regional Launch Summit
Incoterms® 2020 MENA Regional Launch Summit, organized by International Chamber of Commerce Turkey (ICC Turkey), was held on December 5 at Fairmont Quasar Istanbul Hotel. The conference focused on Incoterms® 2020 drafting process, new terms, custom formalities as well as carriage, insurance and banking practices.
Our Founder and Senior Partner Prof. Dr. H. Ercüment Erdem, who is also a member of Incoterms® 2020 Drafting Group, made a presentation on "Incoterms® 2020 and Underlying Contracts".In his presentation, Prof. Erdem handled the relationship between Incoterms® 2020 and the underlying contracts. He focused on different layers of contractual relations such as contracts of carriage and insurance as well as on delivery and payment conditions.