Incoterms® 2020 Rules

This session is delivered face to face or via zoom

The Incoterms® 2020 rules define the responsibilities of buyers and sellers trading international 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® rule needs to be appropriate to the goods, to the means of transport and above all dependant on additional obligations.

Testimonials:

"I found the session very interesting and certainly increased my knowledge and understanding of Incoterms®. Additionally the session was well presented in a format that was easy to follow” JACK MORTON – WEC Group Limited 

"The session was so good and useful that we have booked another inhouse session for all of our sales and purchasing teams.” GRAHAM BLANCHARD – Fort Vale Engineering Ltd

Agenda

09:30 What are Incoterms® 2020, why are they so important to exporters and importers

10:00 How Incoterms® 2020 are to be wrote into quotations and contracts

10:45 Detailed examination of all the Incoterms® rules

11:15 The difference between risk and cost, who should insure the goods

Members £250.00 +VAT Standard Rate £500.00 +VAT