Mastering Incoterms® 2020: Essential Training for Global Trade Executives

Introduction

Mastering Incoterms® 2020: Essential Training for Global Trade Executives explains how the International Commercial Terms (Incoterms® 2020) rules are essential for creating viable contingency plans across the distribution chain in a volatile cross-border trade environment.

This mandatory course uses ICC 2020 rulings for contracts of sale of goods, effective from 2020. By mastering these terms, participants can reduce costly mistakes and contractual disputes. The course notes the renaming of DAT to DPU (Delivered at Place Unloaded) and highlights new obligations concerning FCA, CIP, CIF, DAP, and DDP, as well as cybersecurity-related matters and insurance.

Course Objectives: Navigate Trade Risks and Costs

Upon completion, participants will be able to:

• Understand and apply the provisions and resolutions of Incoterms® 2020.
• Gras...