Incoterms 2020
Mon, Dec 12
|Zoom Online Conference
This training will introduce participants to INCOTERMS 2020 and discuss the reasons for their significance in Global Trade
Time & Location
Dec 12, 2022, 9:30 AM – 1:30 PM GMT
Zoom Online Conference
About the event
Having more defined safeguards for both parties in a transaction is becoming more vital as the number of goods traded between nations continues to rise in the years to come.
The International Chamber of Commerce's guidelines for international commercial terminology (known as INCOTERMS®) provide a useful framework for this (ICC). The standards established by INCOTERMS® govern the transfer of products from one party to another, including the packaging, shipping, and insurance of such commodities. Only until businesses have a firm grasp on how to use the INCOTERMS® regulations will they be able to effectively utilise them to transfer costs and liabilities connected with exporting, importing, and shipping and prevent problems in the future. By outlining each party's duties in the delivery of products, INCOTERMS® reduce the likelihood of disputes between exporters and importers.
Major Course Goals and Outcomes:
Introduction to Incoterms.
To what ends do Incoterms help both the buyer…