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Webinar: Incoterms®: The World's Essential Terms of Trade

Incoterms 2021 picture for 9-8-21  webinar

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Webinar: Incoterms®: The World's Essential Terms of Trade

Do you know how to use Incoterms® correctly and to your advantage when exporting goods overseas? This webinar will make sure that you do.

About this event

Do you know how to use Incoterms® correctly and to your advantage when exporting goods overseas? It’s vital to understand these international laws to protect your company.

On September 8, 2021, Arkansas Manufacturing Solutions and the Arkansas District Export Council, www.exportarkansas.org, will be sponsoring a free webinar focusing on this topic. The Incoterms® rules are the world’s essential terms of trade for the sale of goods. Incoterms® (International Commerce Terms) are a set of 11 internationally standardized rules which define the responsibilities of sellers and buyers. Incoterms® specify who is responsible for paying for and managing the shipment, insurance, documentation, customs clearance, and other logistical activities. The new rules entered into force on 1 January 2020.

Using Incoterms properly in your export contracts will reduce your global trade risk by eliminating inconsistencies in language and defining the monetary and procedural aspects of all international shipping practices. Whether you are filing a purchase order, packaging and labelling a shipment for freight transport, or preparing a certificate of origin at a port, the Incoterms® rules are essential guides.

Mr. Graham Catlett, International Business Attorney with decades of experience, will discuss how to use Incoterms® correctly and to your advantage.

Topics Covered:

  • The Eleven Incoterms®
  • What Incoterms® do and do NOT do
  • How best to incorporate the Incoterms® rules
  • Detailed Description of Incoterms®
  • Order within the Rules
  • Differences between Incoterms® 2010 and 2020

Who Should Attend: This course is ideal for professionals in import/export operations, marketing/sales management and customer service, purchasing or logistics, ISO and compliance management, insurance, commercial law and finance.

 

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