Incoterms® (International Commercial Terms) are a vital component of international trade contracts, providing globally recognized, three-letter acronyms that define the responsibilities and risks of buyers and sellers. First published by the International Chamber of Commerce (ICC) in 1936, these terms ensure the smooth movement of goods between customers and suppliers worldwide.
Understanding Incoterms® 2020 is crucial for avoiding costly delays, penalties, and disputes. Misusing these terms can result in significant unexpected costs and operational challenges. This half-day online workshop is designed to provide a clear understanding of Incoterms® and their role in successful international trade operations.
Drawing on years of experience delivering workshops across the UK and internationally, including recent sessions for the ICC in Saudi Arabia, this course equips participants with the knowledge to navigate these critical trade terms confidently and effectively.
Key Features of the Workshop:
This course is ideal for professionals involved in:
Whether you’re new to Incoterms® or need a refresher, this course provides essential knowledge to enhance your trade operations.
Workshop Details:
Letters of Credit (LCs) are one of the most secure and widely used methods of payment in international trade. As a financial instrument, LCs provide a guarantee from a buyer’s bank to the seller that payment will be made once specific terms and conditions are met. This makes them a cornerstone of secure trade transactions, minimizing risk for all parties involved.
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Uppermill
Saddleworth
OL3 6DX
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