Start: 13:30 - Finish: 16:30
Incoterms rules are an essential business tool for international trade because they define delivery responsibilities and apportion cost and risk between sellers and buyers.
Since the last revision in 2000, there have been fundamental changes in global trade. Cargo security is now of paramount importance, The United States has revised its Commercial Code, new insurance Cargo Clauses have been adopted and point to point delivery with associated electronic procedures is now more common.
The new rules, implemented from 01 January 2011, have been developed to take account of these changes. The number of terms has been reduced from 13 to 11, with four of the old terms being abolished and two new terms being created. The new terms will be divided into two distinct groups, those for sea freight only and those for any mode of transport. The new rules are designed for use between and within countries and customs – free blocks
It is considered essential that all parties involved in international trade clearly understand the new rules to maximise legal certainty in transactions. This seminar will therefore be particularly relevant to 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.
Devon Chamber of Commerce, 22 Lockyer Street, Plymouth PL1 2QW
Members £165 + VAT
Non Members £199 + VAT