Since the last revision in 2000, there have been fundamental changes in global import export practice and procedures. Cargo security considerations, revised insurance clauses and the continuing evolution of transport infrastructure have modified the supply chain obligations of each party and the necessity of providing specific information at the appropriate time.
The New Incoterms® 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 rules being abolished and two rules terms being created. The text for each rule has been updated and rationalised and there are now clear guidance notes for the use of each rule. The New Incoterms® Rules may now be used for trade both between and within countries and customs - free blocks.
This export training course is graded as "entry level" and is aimed at those involved in both export and import. No prior knowledge of international trade is assumed. The content will be relevant to field and office based sales staff, purchasing staff, shipping and despatch personnel, accounts and finance staff, customer services, freight forwarders, bank and legal personnel.
All parties involved in export import in any capacity should clearly understand The New Incoterms® Rules to maximise legal certainty in transactions. This half day seminar will consider the general features of the rules and will examine each of them in detail. Principal differences between old and new rules and changing obligations of the parties will be highlighted.
The seminar will be particularly relevant to export 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.
The trainer will use oral and visual presentations, reference to fictitious and real examples and participatory exercises to illustrate course content. The delegates will receive a copy of the presentation.
Please see our terms and conditions for our cancellation policy. You must agree to these conditions before continuing to book.
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