Incoterms are a set of rules published by the International Chamber of Commerce (ICC), which relate to International Commercial Law. According to the ICC, Incoterms® rules provide internationally accepted definitions and rules of interpretation for most common commercial terms used in contracts for the sale of goods.Using Incoterms properly in your export contracts will reduce your global trade risk by eliminating inconsistencies in language and defining the monetary and procedural aspects of all international shipping practices.
Topics covered include:
--Detailed Description of Incoterms®
-- The Eleven Incoterms®
--What they do and do NOT do
--How best to incorporate them
--Order within the Rules
--Differences between Incoterms® 2010 and 2020
Speaker: Graham Catlett, Managing Partner of Catlett Law Firm

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