Incoterms® comprise some of the most widely used, but most misunderstood aspects within international trade; they can impact on a number of areas of a company’s operations, including sales, accounts, shipping, operations, complianceand customer service. As we explain in this blog, they help everyone involved in international trade to stay on the same page.
At the beginning of 2020 we will see the introduction of the latest version of Incoterms® known as ICC Incoterms®2020.
Over the autumn, the ICC are releasing a series of videos explaining what Incoterms® are and the potential impact of the changes that the latest version will bring - which you can view below.
The Institute of Export & International Trade is an ICC licensed training partner, authorised to provide training on ICC Incoterms®2020.
Our one day courses will provide a comprehensive overview of the new 2020 version of the terms and the differences between the 2010 version.
The course will also enable UK businesses to be much more cost and risk aware, when negotiating new business deals whatever the future international trade environment holds for the UK after BREXIT.