- Brexit and Incoterms: how three letters can make a big difference
The government’s Brexit advice urges businesses trading with the EU to review their contracts for the supply of goods (particularly those based on Incoterms) to ensure that they remain appropriate in the event of ‘no deal’. Tom Purton, Richard Brown and Ben Chivers of Travers Smith LLP consider what are Incoterms, why do they matter and what changes should you make in the light of Brexit?
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