Incoterms® 2020 Explained FREE Workshop
28th September 2019
The International Chamber of Commerce (ICC) is set to launch a new version of the International Commercial Terms (Incoterms) rules – the globally used, standardized set of trade terms for the international sale and delivery of goods.
Since 1936, the ICC has published and updated the Incoterms rules in order to:
- facilitate the smooth conduct of international trade
- eliminate differences in interpretation of delivery conditions; and
- provide clear, practical, uniform and predictable commercial terms which define the respective rights and obligations of buyers and sellers in national and international commercial transactions.
The rules are updated regularly to meet the demands of international commerce and reflect changing trade practices and evolving modes of transport.
Incoterms® 2020 Explained FREE Workshop
Wednesday 13th November 2019, 09:30 – 13:30, The Novotel, Bostocks Lane, Sandiacre, NG10 4EP, (just off M1 Junction 25)
Please join the Spatial Freight team at our information sharing event where you can familiarise yourself with the correct selection and application of the various rules. We will discuss the changes, implications for trade and practical differences between the 2010 and 2020 versions.
Following the publication of the Incoterms 2020 you will be able to:
- verify whether your standard delivery terms are used correctly in view of the actual mode of transport and the intention of both parties;
- properly apply the Incoterms rule that is best suited to your sales transactions; and
- ensure that your eventual choice is futureproof for at least the next 10 years
09:30 Coffee & Registration
10:00 Presentation to include:
2020 version comparisons and significant differences
Practical application of the Incoterms and popular misconceptions
Commercial benefits of making the Incoterms work for your business
Open forum discussion and experiences
12:00 Networking Lunch