Avoid Mistakes in Trade: Learn How Incoterms Define Your Duties

Do You Know Your Responsibilities as a Buyer or Seller? 

Incoterms® are international rules that define the responsibilities of buyers and sellers in global trade, covering who arranges shipping, who pays for what, and when the risk passes from seller to buyer. 

Incoterms are made up of three letter acronyms (e.g. FCA, DAP, EXW) each with different rules about costs, risks and responsibilities. There are 11 incoterms in total. 

Using the wrong Incoterm® can cause delays, extra costs, disputes, or missed payments. That’s why it’s important for businesses in global trade to know how and when to use each term correctly. 

What You Will Learn: 

  • A clear explanation of each of the 11 Incoterms® 2020 
  • The role of Incoterms® in international contracts and logistics 
  • How to select the right term for your business 
  • Common mistakes and how to avoid them 
  • Real-world examples to illustrate best practice 

 

Included with the Course: 

  • Full set of course slides to keep and refer back to 
  • Easy to follow guidance notes for real world use 

 

Workshop Feedback: 

Find out what past participants have said about the course: “This course taught me so much and I am pleased I attended” 

 

Please note as this is an expert-led workshop, which isn’t included within the member free event ticket allocation. 

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