Incoterms 2010 'Terms of Sale'

In this Incoterms 2010 training understand the major revisions of Incoterms, definitions and responsibilities for insurance and the advantages and disadvantages of each term and the cost associated with it.

Why Should You Attend:
Incoterms are a set of international rules created by the International Chamber of Commerce which define responsibilities, risks, and costs of the seller and buyer for delivery of goods under sales contracts. The new Incoterms 2010 takes into account the latest developments in commercial practice, and updates and consolidates some of the former rules. Come January 1, 2011, the updated terms will become effective..

These trade terms provide a uniform set of rules to assist buyers and sellers in stating each party`s obligations under an international contract. They streamline and remove some of the ambiguity that can occur in a contract especially when parties speak different languages. They may assist in avoiding disputes that might arise in sales contracts.

Attend this incoterms 2010 webinar to understand the major revisions of incoterms and how you can use it effectively in doing your business.

Areas Covered in the Seminar:

• New major revisions to Incoterms.
• Definition of the 11 Incoterms.
• Review of the different groups of terms.
• Transfer of Risk from the Seller to the Buyer.
• Responsibility for Insurance.
• Costs Associated with Each Term.
• Advantages and disadvantages of each term.

Who Will Benefit:

• Exporters
• Importers
• Sales and Marketing Managers
• Purchasing Managers
• Forwarders
• Customs Brokers
• Carriers
• Credit Professionals
• Insurers
• Trade Consultants
• International Bankers
• Attorneys and Legal Staff