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1、URDG758TheURDG758aretheUniformRulesforDemandGuarantees-effective01July2010.ForewordThisrevisionofICC'sUniformRulesforDemandGuarantees(URDG)isthefirstsincetherulesweredevelopedbyICCin1991.Theoriginalrules,URDG458,gainedbroadinternationalacceptanceinrecentyearsfollowingth
2、eirincorporationbytheWorldBankinitsguaranteeformsandtheirendorsementbyUNCITRALandleadingindustryassociations,suchasFIDIC.Thisfirstrevisionoftheruleswasmeticulouslypreparedoveraperiodoftwoandahalfyears,andistheresultofacollectiveeffortbyanumberofICCconstituentgroups.Itwa
3、sdevelopedasajointprojectbytwoICCcommissions-theBankingCommissionandtheCommissiononCommercialLawandPractice-thereforetakingintoaccountthelegitimateexpectationsofallrelevantsectors.ICCnationalcommitteescontributedsubstantiallytothefinalproduct:some52nationalcommitteessub
4、mittedseveralhundredpagesofvaluablesuggestionsonsuccessivedrafts,anumberofwhichwereincorporatedintothefinaltext.TheICCTaskForceonGuarantees,whichconsistedof40membersfrom26countries,reviewedthevariousdraftsandaddedtheirownsuggestions.TheURDGDraftingGroup,ablychairedbyDrG
5、eorgesAffaki,metonanumberofoccasions,carefullyreviewedallcommentssubmittedbynationalcommitteesandtheTaskForceanddevelopedthefinaldraft.Thiscollectiveefforthasbornefruit;ithasproducedrulesthatreflectabroadconsensusamongbankers,usersandallmembersoftheguaranteecommunity.In
6、fact,thepresentrevisionoftheURDGdoesnotmerelyupdatetheexistingrules.Itistheresultofanambitiousprojecttocreateanewsetofrulesforthetwenty-firstcenturythatisclearer,morepreciseandmorecomprehensive.Assuch,URDG758isdestinedtobecomethestandardtextfordemandguaranteesworldwide.
7、JeanRozwadowskiSecretaryGeneralInternationalChamberofCommerceJanuary201032IntroductionThenewURDG758succeedURDG458.Over17yearsofpractice(1992-2009),URDG458provedtobebothsuccessfulandreliable.Theywereusedbybanksandbusinessesacrosscontinentsandindustrysectors.URDG458wereen
8、dorsedbyinternationalorganizations,multilateralfinancialinstitutions,bankregulators,lawmakersandprofessionalfe