Introduction to Incoterms® 2020

What are Incoterms® 2020?

Why are they so important to exporters and importers?

How Incoterms® 2020 are written into quotations and contracts

Detailed examination of all the Incoterms®

The difference between risk and cost

Description

The Incoterms® 2020 rules define the responsibilities of buyers and sellers trading internationally and domestic.  Reference to an Incoterms® 2020 rule in a sale contract clearly defines the parties’ respective obligations and reduces the risk of legal complications.  It’s imperative that all employees within an internationally trading company have a clear understanding of using and applying the Incoterms® 2020 rules to suit their business needs.

The initial quotation is the starting point and the chosen Incoterms® 2020 rule needs to be appropriate to the goods, to the means of transport and above all dependent on additional obligations.

How will this Workshop be Presented?

This interactive online half-day workshop combines theory and practice.

We use company examples to illustrate how the techniques presented have been applied in real case studies.

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