Outlines

 

1. What are Incoterms - what is it, what does it clarify, how widely is it used and how may we apply the Incoterms?

2. Incoterms - some common misconceptions

3. Terms of Sale vs. Terms of Payment

4. What important matters are covered by the new Incoterms 2010 and what are the main changes to Incoterms 2000?

5. The new classification under the new Incoterms 2010

6. Different Modes of transport and appropriate terms

7. The impact of Incoterms rules on shipping and transport documents

8. The use of Incoterms 2010 rules in domestic trade

9. How will Incoterms 2010 affect the relationship and specific responsibilities between sellers and buyers?

10. What are the critical points under Incoterms 2010 for the transfer of risks and costs?

11. A detailed diagrammatic analysis of the 11 Incoterms

12. Relationship of Cargo Insurance with Incoterms

13. Relationship of Methods of Payment with Incoterms

14. Why FOB, CFR & CIF are no longer relevant for use in containerized shipment?

Who Should Attend

All Exporters, Importers, Traders, Bankers, Freight Forwarders and Carriers, Customs Brokerage, Insurance Specialists, and all those involved in International Trade or Purchasing. This is also for those who want to engage into import and export transactions such as entrepreneurs and businessmen. A must for decision-makers, CEOs, CFOs, Treasurers, Procurement Officers & Financial Auditors. Lawyers

Duration

5 Days