신용장통일규칙(UCP600)의 서류준수 조항의 적용상 한계와 정책적 시사점

The Compliance Clause for Documents in UCP 600: Limitations and Policy Implications

International trade transactions involve essentially more risk than domestic trade transactions. I International trade transactions involve essentially more risk than domestic trade transactions. So, in order to solve these risks, international trade transactions have allowed differences in culture, business processes and the customs and practices. Also, the seller always have anxiety about the collection of payment for delivery goods. It is therefore important for traders to ensure that payment is received for goods despatched and that the goods received and paid for comply with the contract of sale. The L/C was first enacted in 1993, and it has been revised periodically to reflect changes from moment to moment in trade conventions. This study examine the limitations on the practical application of trade documents needed to comply with the terms of the revised UCP 600. Also It was suggested by the policy implications of the need for the 7th amendment be enacted next. The conclusion is that the UCP 600 have not paid enough consideration to traders and service providers and are likely to engender an environment of uncertainty for exporters in particular.