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Commentary On UCP 600 2007: Article-by-article Analysis by the Ucp 600 Drafting Group

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Commentary On UCP 600 2007: Article-by-article Analysis by the Ucp 600 Drafting Group image
ISBN-10:

9284200156

ISBN-13:

9789284200153

Author(s): International Chamber Of Commerce
Edition: 2007
Released: Oct 15, 2007
Publisher: Intl Chamber of Commerce Us council
Format: Paperback, 168 pages
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Description:

The International Chamber of Commerce (ICC) has established rules on documentary credits worldwide for more than 70 years. UCP 600, the latest version of ICC's universally used rules on documentary credits, came into effect on July 1, 2007.Members of the Drafting Group that developed the new UCP have produced an article-by-article commentary on the rules. Commentary on UCP 600, which reflects the Group's personal views, explains their rationale behind the changes in the rules and clarifies the general principles that underlie them.

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