International trade workshop - Incoterms®

An introduction to Incoterms® and their importance to international trade. Understand the history and purpose of Incoterms®, how they are used, the practical issues to be considered, and sources of additional help and information. Commercial matters will also be discussed including the impact of Incoterms® on costs and profitability. The definition of each Incoterm® will be covered as well as practical topics such why EXW is not suitable for international trade. An understanding of Incoterms® is fundamental to international trade.

Course Contents:
• History and background of Incoterms
• The rules and how to use the terms
• What they do and what they don’t do
• A review of each of the terms
• What’s new in Incoterms® 2020
• Why EXW is not suitable for international trade and what to use instead
• Sources of help and advice

Who Should Attend:
This course is fundamental to anyone involved in international sales and purchases including sales teams,
purchasing teams, finance, import and export administrators, and managers. The course is valuable for both newcomers wanting an introduction and overview, and experienced staff needing a refresher on current requirements. As Incoterms® are so important and widely used in international trade, it is a “must do” course for anyone engaging in international trade.


Training Methods:
The trainer will use oral and visual presentation, reference to fictitious and real examples and participatory exercises to illustrate course content. The delegates will receive copies of the presentation on which notes can be made together with a workbook for future reference.

If you are a non-member and would like to book a place on this event, please contact the events team on events@somerset-chamber.co.uk

Somerset Chamber of Commerce is operating a cancellation policy in line with our terms and conditions which can be found here: https://www.somerset-chamber.co.uk/terms-conditions/