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Incoterms 2020

In the complex world of international trade, understanding and applying Incoterms 2020 correctly can be the key to a smooth, successful transaction. Our specialized training program is designed to equip you with the knowledge and skills necessary to navigate these essential trade terms with confidence.

What Are Incoterms 2020?

Incoterms 2020, established by the International Chamber of Commerce (ICC), are a set of standardized terms that define the responsibilities of buyers and sellers in international transactions. These terms clarify issues such as transfer of risks, shipping costs, export/import clearance,  insurance etc. ensuring both parties are aligned on their obligations.

We provide in depth knowledge of all the 11 Incoterms listed below:

  • EXW (Ex Works)
  • FCA (Free Carrier)
  • CPT (Carriage Paid To)
  • CIP (Carriage and Insurance Paid To)
  • DAP (Delivered at Place)
  • DPU (Delivered at Place Unloaded)
  • DDP (Delivered Duty Paid)
  • FAS (Free Alongside Ship)
  • FOB (Free on Board)
  • CFR (Cost and Freight)
  • CIF (Cost, Insurance, and Freight)

    • Why Choose Our Training?

    • Expert Instructors: Learn from Balaji KAS, with extensive experience in international trade and logistics.
    • Comprehensive Coverage: Our training covers all 11 Incoterms, offering detailed insights into each term’s application and implications.

    Who Should Attend?

    Our training is ideal for professionals involved in global trade, including:

    • Exporters and Importers
    • Trade Finance Bankers
    • Logistics and Supply Chain Managers
    • Shipping Companies and Freight Forwarders
    • Legal and Compliance Officers

    Benefits of Our Training

    • Enhanced Understanding: Gain a thorough grasp of Incoterms 2020 to minimize risks and disputes.
    • Differences between Incoterms 2010 and Incoterms 2020
    • Improved Negotiations: Negotiate better terms and agreements with a clear understanding of responsibilities.
    • Increased Efficiency: Streamline your international transactions and improve overall operational efficiency.
    • Risk Mitigation: Learn to identify and manage potential risks associated with international shipping and trade.

    Join Us for a Session

    Don’t let uncertainty hold you back in international trade. Empower yourself with the knowledge and tools to excel. Contact us today to learn more about our Incoterms 2020 training programs and to find the perfect session for you or your team.

    SIGN UP AND LEARN INCOTERMS FOR FREE

    Course Content