Events

In the current interconnected global marketplace, understanding the intricacies of international trade is crucial. Incoterms 2020, the latest version of the International Commercial Terms, provides a standardised framework for defining the rights and obligations of buyers and sellers in international transactions.

This webinar will delve into the key Incoterms rules, explaining their implications for risk, cost, and responsibility.

Understanding Incoterms is vital for importers, exporters, and service providers to navigate international trade seamlessly. In our upcoming free webinar, we will highlight common Incoterms and their application in a global supply chain. We will explore the essential cost components relevant to international shipments, ensuring clarity on both compliance and risk responsibilities throughout the transaction process. We'll also discuss the critical junctures where these responsibilities transition from the seller to the buyer, empowering you to make informed decisions for your business.

Key Focus Areas of this Session Include:
- Define Incoterms® - EXW, FCA, FOB, CFR, CIP/CIF, DDU and DDP.
- List the cost components, compliance, and financial risk applicable to an international shipment.
- Identify common transfer points where carriage, costs, compliance, and risk are transferred between parties.

Join Expeditors as we walk through understanding Incoterms and how to apply them in everyday processes.

The topics we'll cover include:

• What are Incoterms? 
• What are they not designed to do? 
• Breakdown of Incoterms