I need a drawing This revision of the Uniform Rules and Practices for Documentar

I need a drawing
This revision of the Uniform Rules and Practices for Documentary Credits (better known by its acronym in English, UCP1
) is the sixth since they were first enacted in 1933. It is the result of over three years of work by the International Chamber of Commerce's Banking Techniques and Practices Commission (CCI).
The ICC, founded in 1919, its primary objective was to facilitate the flow of international trade at a time when nationalism and protectionism posed serious threats to world trade.
That was the spirit with which the UCP were first presented: mitigate the confusion created by certain countries that promoted their own national rules on documentary credit practices. The objective then achieved was the creation of a set of contractual rules that introduced uniformity into these practices, so that users would not have to deal with an excess of national regulations, often contradictory. The universal acceptance of the UCP by users in countries with widely divergent economic and legal systems is a testament to the success of the rules.
It is important to remember that the UCP represent the work of an international private organization and not a government agency. Since its inception, the ICC has insisted on the importance of self-regulation in commercial practice. These rules, developed entirely by private sector experts, have confirmed this principle. The UCP remain the most widely accepted private rules for trade ever developed:

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I need a drawing This revision of the Uniform Rules and Practices for Documentary Credits (better known by its acronym in English , UCP1 ) is the sixth since they were first enacted in 1933 . It is the result of over three years of work by the International Chamber of Commerce's Banking Techniques and Practices Commission (CCI) . The ICC , founded in 1919 , its primary objective was to facilitate the flow of international trade at a time when nationalism and protectionism posed serious threats to world trade . That was the spirit with which the UCP were first presented: mitigate the confusion created by certain countries that promoted their own national rules on documentary credit practices . The objective then achieved was the creation of a set of contractual rules that introduced uniformity into these practices , so that users would not have to deal with an excess of national regulations , often contradictory . The universal acceptance of the UCP by users in countries with widely divergent economic and legal systems is a testament to the success of the rules . It is important to remember that the UCP represent the work of an international private organization and not a government agency . Since its inception , the ICC has insisted on the importance of self-regulation in commercial practice . These rules , developed entirely by private sector experts , have confirmed this principle . The UCP remain the most widely accepted private rules for trade ever developed:

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688X1024

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Aug 14, 2024

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cell

Checkpoint & LoRA

SeaArt Infinity

SeaArt Infinity

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