Using Incoterms® 2020 Rules

Name of Course
Using Incoterms® 2020 Rules
Course Aim
Using The Incoterms® Rules are an essential business tool for export import because they define the risk and cost responsibilities of each party when arranging loading/unloading of the goods, delivery, import export clearance and freight contracts. They may be used in contract negotiations, as a checklist for buyers and sellers and as a framework for international and domestic sales contracts.
Target Audience
The course is suitable for those with no prior knowledge and for those seeking to update their understanding. It is 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.
Course Objectives
All parties involved in international trade in any capacity should clearly understand The Incoterms Rules to maximise legal certainty in transactions. This course will consider the general features of the rules and will examine each of them in detail.
Course Overview
  • The purpose and functions of Incoterms
  • Features of Incoterms 2020
  • The circumstances under which each term should be used
  • Practical issues in the use of Incoterms
  • Sources of help and information on Incoterms
Format of Delivery
Related Courses
Elementary Exporting, Classic Import Procedures, Origin of Goods Preferential Agreements, Classification of Goods, Understanding Export Documentation, Inward Processing