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Incoterms® 2020 Rules

September 17, 2024

09:30 - 12:30


East Lancashire Chamber of Commerce

This session is delivered face to face or via zoom

The Incoterms® 2020 rules define the responsibilities of buyers and sellers trading international and domestic.

Reference to an Incoterms® 2020 rule in a sale contract clearly defines the parties' respective obligations and reduces the risk of legal complications. It's imperative that all employees within an internationally trading company have a clear understanding of using and applying the Incoterms® 2020 rules to suit their business needs.

The initial quotation is the starting point and the chosen Incoterms® rule needs to be appropriate to the goods, to the means of transport and above all dependant on additional obligations.


"I found the session very interesting and certainly increased my knowledge and understanding of Incoterms®. Additionally the session was well presented in a format that was easy to follow” JACK MORTON – WEC Group Limited 

"The session was so good and useful that we have booked another inhouse session for all of our sales and purchasing teams.” GRAHAM BLANCHARD – Fort Vale Engineering Ltd


09:30 What are Incoterms® 2020, why are they so important to exporters and importers

10:00 How Incoterms® 2020 are to be wrote into quotations and contracts

10:45 Detailed examination of all the Incoterms® rules

11:15 The difference between risk and cost, who should insure the goods

Members £250.00 +VAT Standard Rate £500.00 +VAT

Venue address

East Lancashire Chamber of Commerce, Red Rose Court, Clayton Business Park, Clayton-le-Moors, Accrington, BB55JR

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