Incoterms® Rules 2020

The latest version of the Incoterms® Rules was published in September 2019 and are an essential business tool for export import because they define the responsibilities of each party to arrange loading/unloading of the goods, delivery, import export clearance and freight contracts. They may be used in contract negotiations, as a checklist for buyers and sellers and as a framework for international and domestic sales contracts.

Why attend?

International trade is a very complex subject with many different terms, procedures and regulations. Training is essential to successful trading overseas.

Who should attend?

The seminar will be relevant to export sales, purchasing, shipping, finance, customer service staff and senior managers from both exporters and importers as well as those from freight forwarders, shipping and financial institutions.

How will you benefit?

• Maximise legal certainty in transactions
• Understand the general features of the rules
• Examine each rule in detail
• Understand the principal differences between the old and new rules
• Understand the changing obligations of the parties involved

Programme content

Incoterms 2020 offers a simpler and clearer presentation of the rules, placing a greater emphasis on making the right choice of term for inclusion in the contract of sale. The seller's and buyers obligation's are now presented in a more logical order. DAT has become DPU and a number of detail changes have been made to several of the terms.

All parties involved in export import in any capacity should clearly understand The Incoterms Rules to maximise legal certainty in transactions. This half day seminar will consider the general features of the rules and will examine each of them in detail. Principal differences between old and new rules and changing obligations of the parties will be highlighted.

If you are a Business West Chamber of Commerce member you can save 10% on this course, simply contact us for your discount code

Thank you for your booking. We look forward to seeing you on 27th September 2019.

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