INCOTERMS is a system of international rules that are recognized by global government bodies, law firms and traders as the interpretation of the most applicable terms in international trade.

Often, Contracting parties are not familiar with the different trade practices in the countries concerned. This can cause misunderstandings, disagreements and litigation with the resulting waste of time and money. To address all these problems, the international chamber of Commerce published, for the first time in 1936, a set of international rules for the precise definition of trade terms. These rules are known as "Incoterms 1936". Amendments and additions were made to the 1953, 1967, 1976, 1980, 1990 2000 years. Currently, the rules of "Incoterms 2010" which came into force on 1 January 2011.

Because Incoterms offer a set of terms for use in various trade areas and regions, it is sometimes impossible to articulate the responsibilities of each party. Therefore, it is necessary to refer to some extent to the customs or practices of ports and a particular type of trade that could be established by the parties in previous transactions. It is of course desirable that sellers and buyers informed properly each other about such practices when discussing contracts, and in the event of misunderstandings explained their legal position, supported by articles in the contract of sale.

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