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Uniform Rules For Demand Guarantees (URDG)


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Quotes of the day:

Early morning hath gold in its mouth.

— Benjamin Franklin

Uniform Rules For Demand Guarantees (URDG) refers to a set of guidelines first adopted by the International Chamber of Commerce (ICC) in 1991 that sets forth generally agreed-upon rules governing securing payments and meeting performance guarantees in contracts among global trading partners.


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