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Commentary on UCP 600
Article-by-Article Analysis by the UCP 600 Drafting Group
ICC Publication No. 680

Members of the Drafting Group that developed the UCP 600 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.
It frankly addresses the contentious issues in the new rules, among them:

  • the term "on their face" and why it was dropped in all but one UCP article;
  • the removal of the words "reasonable time";
  • the language allowing discounting of deferred payment credits; and
  • the new article on "Definitions", containing terms such as "honour" and "negotiation".

Each article and sub-article is analyzed under four different topics:

  • The text of the article (or sub-article),
  • The key changes from UCP 500,
  • A commentary explaining the rationale for the new language, and
  • The cross-references to other articles in UCP 600.

On these and other key points, Commentary on UCP 600 provides an invaluable insight into the thinking of those who drafted the new UCP.

Practical, compact and easy-to read, Commentary on UCP 600 will be a reference book of choice for students and users of the new UCP.

Book - 167 pages
(ICC Publication No. 680)
Price: Rs. 3780 per copy

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