Covered by Salil Chawla, Director, DFU Publications, while attending this live webinar "Webinar on Terms of Delivery (Incoterm Rule 2020) on 17th June, 2026" earlier today organised by Texprocil and ably moderated by The Cotton Textiles Export Promotion Council (TEXPROCIL), Executive Director Dr. Siddhartha Rajagopal, a trade veteran with extensive global experience.
He started by saying, "Your delivery in terms of Incoterms® 2020 rules. So, this is very important, in the sense that, in terms of payment and the terms of trade which are there in use, it is always good to get some updates and understand the rules that have been prescribed thereof."
As you all know, in international business, a proper understanding of delivery terms is very, very important for smooth and successful transactions. Everybody knows that. Incorrect interpretation of these terms can lead to misunderstandings regarding costs, responsibilities and risks.