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1、URDG758TheURDG758aretheUniformRulesforDemandGuarantees-effective01July2010.ForewordThisrevisionofICC'sUniformRulesforDemandGuarantees(URDG)isthefirstsincetherulesweredevelopedbyICCin1991.Theoriginalrules,URDG458,gainedbroadinternationalacceptanceinrecentyearsfollowingtheirincorporatio
2、nbytheWorldBankinitsguaranteeformsandtheirendorsementbyUNCITRALandleadingindustryassociations,suchasFIDIC.Thisfirstrevisionoftheruleswasmeticulouslypreparedoveraperiodoftwoandahalfyears,andistheresultofacollectiveeffortbyanumberofICCconstituentgroups.Itwasdevelopedasajointprojectbytwo
3、ICCcommissions-theBankingCommissionandtheCommissiononCommercialLawandPractice-thereforetakingintoaccountthelegitimateexpectationsofallrelevantsectors.ICCnationalcommitteescontributedsubstantiallytothefinalproduct:some52nationalcommitteessubmittedseveralhundredpagesofvaluablesuggestion
4、sonsuccessivedrafts,anumberofwhichwereincorporatedintothefinaltext.TheICCTaskForceonGuarantees,whichconsistedof40membersfrom26countries,reviewedthevariousdraftsandaddedtheirownsuggestions.TheURDGDraftingGroup,ablychairedbyDrGeorgesAffaki,metonanumberofoccasions,carefullyreviewedallcom
5、mentssubmittedbynationalcommitteesandtheTaskForceanddevelopedthefinaldraft.Thiscollectiveefforthasbornefruit;ithasproducedrulesthatreflectabroadconsensusamongbankers,usersandallmembersoftheguaranteecommunity.Infact,thepresentrevisionoftheURDGdoesnotmerelyupdatetheexistingrules.Itisthe
6、resultofanambitiousprojecttocreateanewsetofrulesforthetwenty-firstcenturythatisclearer,morepreciseandmorecomprehensive.Assuch,URDG758isdestinedtobecomethestandardtextfordemandguaranteesworldwide.JeanRozwadowskiSecretaryGeneralInternationalChamberofCommerceJanuary201032IntroductionThen
7、ewURDG758succeedURDG458.Over17yearsofpractice(1992-2009),URDG458provedtobebothsuccessfulandreliable.Theywereusedbybanksandbusinessesacrosscontinentsandindustrysectors.URDG458wereendorsedbyinternationalorganizations,multilateralfinancialinstitutions,bankregulators,lawmakersandprofessio
8、nalfe