Rules and regulations governing international trade

The increasing spread of international trade and the own commercial practices of each country lead to some disputes between the parties. In order to prevent such problems that may arise in foreign trade, the need for the uniformization of trade rules has arisen. In this context, institutions such as the International Chamber of Commerce (ICC) and the United Nations, which have an effectiveness at the global level, have conducted various studies and created exemplary rules on some issues to resolve these disputes. The most prominent of the established rules are the United Nations Convention on Contracts for the International Sale of Goods (CISG) on contracts for international goods created for sales contracts, or the Incoterms rules on the forms of delivery created by the ICC by the Vienna Treaty, Uniform Customs and Practice for Documentary Credits (UCP 600), Uniform Rules for Collections (URC 522) and Uniform Rules (URC 522) and One-Way Rules for Guarantees Demand Guarantees (URDG 758). In the first chapter of this study; the process of globalization, the development of international trade and the documents used in foreign trade and the Vienna Agreement is examined. In the second chapter, the rules set by the ICC with the most common use are detailed. Keywords: Vienna Treaty, ICC, Incoterms, letter of credit