The Four Classes of Incoterms 2019 - Incoterms (International Commercial Terms of Sale) Live Webinar

Session Highlights
Background to Incoterms – where they came from, how they are used
What aspects of a commercial transaction are covered by Incoterms
What aspects of a commercial transaction are not covered by Incoterms.
The Four Classes of Incoterms
Single mode of transport or multimodal Incoterms
Discussion of the differences between individual Incoterms
When risk of loss to a cargo shipment passes under Incoterms.
Their impact on the exporter’s responsibilities for export controls and export clearance.
Extension of use of Incoterms from international transactions to domestic sales
Prospects for change
Best Practices when using Incoterms
Learning Objectives
What aspects of commercial transactions Incoterms cover and don’t cover
Why select a particular Incoterm such as EXW or DDP
● Benefits of using Incoterms
When does risk of loss pass?
How Incoterms affect your responsibilities for export control and export clearance
Best Practices advised when Using Incoterms
Overview
This webinar describes what Incoterms are, how they operate, how they can impact your employer, which ones are often best from the standpoint of an exporter or importer, along with the every ten year updates that last removed four existing, and added two new Incoterms. You will learn by the choice of Incoterm where your risk of loss begins, who is responsible for a shipment’s freight and cargo insurance, and what aspects of commercial transactions are covered and those that are not.
Who Will Benefit
Sales staff
Trade compliance offices
Logistics specialists
Auditors
Managers and directors
Legal counsel
Speaker :
ROBIN GROVER is a licensed US customs broker and a trade lawyer with nearly 37 years’ experience in exports, imports, trade sanctions, foreign investment, and related topics.