Introduction to Incoterms® 2020

This training provides an overview of the use of Incoterms® 2020. These trade terms are an essential tool for those involved in international trade worldwide defining the seller´s and buyer´s tasks in the delivery of goods and allocating the ensuing costs and risks between them. The significance of these terms has become even more pronounced due to the uncertain conditions of global trade and logistic bottlenecks.

The training helps to use Incoterms® 2020 correctly to manage risks, including those related to time, as well as costs in international sales transactions.

The training is suitable for all working with international trade and logistics and using Incoterms® 2020 in their work. No advance knowledge is required.

The following topics will be covered in this training:

  • The role of Incoterms® 2020 in a contract, what do they regulate and what not?
  • A closer look at each of the Incoterms® 2020
  • Division and meaning of risks
  • Incoterms® 2020 and contracts of transport and insurance
  • Export and import clearance and other formalities
  • Transport and delivery documents
  • Division of costs
  • Deliveries and logistic bottlenecks

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– LIITY JÄSENEKSI KAUPPAKAMARIIN