

Venue details:
Essex Chambers of Commerce
8/9
St Peters Court
Colchester
CO1
1WD
A half day seminar for all staff involved in international trade. It is vital that the correct Incoterms® are used in international trade - misuse can lead to loss of business, profits and potential costly disputes with clients. Get it right from the start.
Course description:
The Incoterms® Rules are an essential business tool for international trade
because they define the responsibilities of each party to arrange
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.
Since the last revision in 2000, there have been fundamental changes in global
trade 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.
All parties involved in international trade 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 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.
Duration: Half-Day
Tutor: Peter Thompson
Time: 09:30 Registration & Coffee, 12:00 noon Seminar Closes.
Cost to attend: £222 for Members, £270 for Non-Members. All prices include VAT.
Payment methods:
By Cheque: payable to 'Essex Chambers of Commerce' and send to 8 -9, St. Peter's Court, Colchester, Essex. CO1 1WD
By Credit Card/Maestro: call the Accounts Dept on 01206-765277, give them your details and they will process the transaction
If you would like to book to attend this seminar, please complete the online booking form below.