To Expand Consulting Group Members

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16 August 2003

To:   Members of the Consulting Group
UCP 500 Revision
ICC Banking Commission
Paris

Hello Members,

Before I look at the newly drafted Articles of UCP X00, I would like to spend some time on the general directions first.

Based on the list of members of the Consulting Group received, I would suggest inclusion of the following:

  1. BIMCO (Baltic International Maritime Council) which is the "ICC" in shipping trade to standardise and approve different kinds of BsL. Without their participation, the problems in BsL and CP may not be easily resolved.

  2. Lloyd's Underwriting Members & Syndicates that dominate the marine cargo insurance policy terms and practices to avoid problems as reflected in ISBP 645 Paragraph No. 187 on joint liabilities.

  3. Commodities Trade Federations, such as the FOSFA (Federation of Oils, Seeds and Fats Association), and other federations on commodity produces such as coffee & grains, and products such as steel goods & chemicals. Without their participation, we can never do our job right in charter party BL Articles. They are the users of these documents and we have to know their updated practices. They standardise the terms in related charter parties.

  4. Other professional groups such as those responsible for drafting CMR (International Carriage of Goods by Road), CIM (International Carriage of Goods by Rail) and IMMTA (United Nations International Multimodal Transport Association). Without their participation, it is difficult to draft new Articles reflecting their latest trade practices on issues like identification of carrier, signature, authentication of corrections, on board notation, copy v. original and the like.

  5. SGS to assist in drafting Article(s) on inspection certificates.

  6. Customs and import control offices of major importing countries, such as USA, EU and China to reflect special import regulations. For examples, an original BL is required for customs declaration in certain parts of China, what we call a 4th original BL.

  7. Administration offices of national security & anti-terrorist, money laundering regulations, to ensure that the called documents comply with these regulations. For example, details of containers bound for USA ports must be reported to the authorities well in advance. The stipulated documents for shipments to USA have to reflect compliance of such regulations.

Best regards,

T. O. Lee
Toronto

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