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Wednesday 21st March

Essential Incoterms – Getting it Right

Event Venue and Description: Sheffield Chamber of Commerce, Albion House, Saville Street, Sheffield

Incoterms are Internationally recognised terms used in International sales contracts. Devised by the International Chambers of Commerce and used by importers and exporters all over the world, these three-letter trade terms define the risks and responsibilities of buyers and sellers in International Trade contracts.

New Incoterm rules were implemented on 1st January 2011. The new rules are designed to keep pace with changes in International Trade and revised definitions and revisions are designed to give greater clarity and precision to the terms.

The number of terms has been reduced from 13 to 11, with four of the old rules being abolished and two rules terms being created. The text for each rule has been updated and rationalised and there are now clear guidance notes for the use of each rule. The New Incoterms® Rules may now be used for trade both between and within countries and customs – free blocks.

This seminar will explain in details what Incoterms are, why they are used and advise on the changes that the 2010 version has brought and is beneficial for any exporter involved in Sales, Purchasing, Shipping, Finance, Customer Service Staff and Senior Managers from both exporters and importers, as well as those from freight forwarders, shipping and financial institutions.

For further details and information of how to register, please follow the link below.