At long last, the LCA has promoted into the 21st century for modern contractual treatment one of the older and thornier concepts regularly troubling the complex trade of cotton — country damage. On Feb. 1, 2004, a result of dialogue between merchants, mills and marine insurers, revisions to Rules 205, 206, 207, 231 emerged, as well as new rule 205a. As shall be seen, the new reallocation of risk in respect of all cotton sold for shipment, in fact, owes much to older principles.
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