b'INCOTERMS 2020: LATESTDEVELOPMENTS AND PRACTICAL NEWAPPLICATION /Incoterms (International Commercial Terms) express contractual Incorporation into the contract obligations between the seller and the buyer in an international sale Common errors of goods. They guide and provide certainty in the contract of a sale. Other ICC rules such as UCP 600 for Letters of CreditThe contracting parties however do not always fully understand howDelegates from the private sector may attend the rst three days to utilise Incoterms in procurement, sales and contractingof this training course to learn the fundamentals of Incoterms. processes, or their linkages with payment systems. IncotermsCourse fee: 1,795. Shorter duration awareness training on also impact directly on obligations in relation to the contracts ofIncoterms is also available upon request. carriage and insurance. ACCREDITATION This comprehensive course will explain all the changes introducedThe International Chamber of Commerce (ICC) now require under Incoterms 2020 and will provide delegates with practicalIncoterms 2020 trainers to be examined and accredited. This examples and case studies to help illustrate the correct applicationCrown Agents training course is delivered by an ICC Registered of all Incoterms Rules. Correct adoption will safeguard againstTrainer in the Incoterms 2020 Rules.misunderstandings and disputes between buyers and sellers. Incoterms and the Incoterms 2020 logo are trademarks of COURSE OBJECTIVES:On completion, you will be able to:ICC. Use of these trademarks does not imply association with,Incorporate Incoterms into sales contracts and purchase approval of or sponsorship by ICC unless specically statedordersabove. The Incoterms Rules are protected by copyright owned byUnderstand the differences between Incoterms 2010 and ICC. Further information on the Incoterm Rules may be obtainedIncoterms 2020from the ICC website iccwbo.org. Negotiate appropriate Incoterms with the counterparty in the DURATION FEEDATE VENUE context of your risk prole05 DAYS 2,49528 June - 02 July 2021 LondonUnderstand what Incoterms do not coverAppreciate the dangers of varying or adapting the details of06 - 10 December 2021London the terms REMOTE TRAINING COURSESKEY TOPICSBackground to and rationale of IncotermsDURATION FEEDATEVENUE Review of Incoterms 2020 and Incoterms 2010 03 DAYS1,29514 - 16 June 2021Remote TrainingUnderstanding the four groups and 11 termsIncoterms and insurance 08 - 10 November 2021 Remote TrainingTRADE PROCEDURES AND FINANCING /Trade nance is the catalyst for increased international trade and Shipment modes and distribution solutions overall economic growth. However, exporting is not a simple Arranging cargo insurance and making a claim process and all contracts for the international sale of goods Types of movement, origin and commercial documents comprise four sets of procedures: commercial, transport, regulatory Regulatory customs compliance and the WTO Trade Facilitationand nancial. These procedures are the pillars of international Agreement trading and are all interlinked; if the linkages are not robust, the Assessing export credit risk contract is likely to fail in one or more key aspects.Mitigating payment risk and selecting payment methods Preparing Letters of Credit This course will explore the connectivity required between the Supply chain security principal international trade nance instruments, such as Documentary Letters of Credit and Documentary Collections, andACCREDITATION the other elements of the export contract. This Incoterms content is delivered by an ICC Registered Trainer in the Incoterms 2020 Rules.COURSE OBJECTIVES:On completion, you will be able to:Understand and apply the principal protocols, terms and rules This course is also available as a remote training delivery.Appreciate the role of the four pillars in export contract performanceDURATION FEEDATE VENUE Understand the key elements of international trade facilitation05 DAYS2,49521 - 25 June 2021 LondonAnalyse the challenges of supply chain security and the associated risk08 - 12 November 2021London Outline recent changes to international trade laws and procedures REMOTE TRAINING COURSES KEY TOPICSDURATION FEEDATEVENUE The Incoterms 2020 Rules and how these are used to give 03 DAYS1,29505 - 07 July 2021 Remote Trainingcertainty to the contractConstructing a contract for the international sale of goods 25 - 27 October 2021Remote Trainingw: crownagents.com/training 89'