INCOTERMS® 2020 RULES AND THE SEMINAR – Cleveland, Oct. 24 and Cincinnati, Oct 22.
Incoterms® 2020 rules will come into force on January 1, 2020. It is the ninth Incoterms® revision since their inception in 1936.
For the first time, the ICC’s 2020 Drafting Group opened up to include experts from Australia, China and Turkey as well as from Europe and the United States. During the 2 1/2 year revision process, over 2,000 suggestions were received from the 130+ ICC national committees and related organizations. The resulting 2020 version incorporates changes in both substance and presentation.
This revision’s complete makeover of the seller-buyer obligation matching column presentation reflects the relative importance of each task. Important issues such as the apparent conflicte between the FCA Incoterms® rule and on-board documentation, adequate insurance coverage, security compliance and others are also addressed.
The removal and subsequent reinstatement of the UCC Shipment and Delivery terms make this revision particularly interesting for Americans wishing to use Incoterms® rules in both domestic and international trade.
This full-day seminar provides the information you need to use these improved Incoterms® rules to your advantage. Both the newly revised Incoterms® Rules for Americans and the official ICC Incoterms® 2020 books are included – a retail value of over $150.
AGENDA
Overview
Why Incoterms® rules
The revision process
What Incoterms® are & aren’t, do & don’t do Summary of 2020 major changes
Role in contracts
Seller to buyer
Transportation terms
Insurance
Rule by rule analysis
Relation to payment terms
American perspective
What happened with the UCC shipment/delivery terms
REGISTRATION AND INFORMATION
Online at www.Incoterms-for-Americans.com All registrations must be prepaid. We accept Visa, AmEx, and MasterCard.
PRICE AND CONDITIONS
The price is $350 for registrations received 10 or more days prior to the event. Thereafter, the price is $380 as special arrangements must be made to accommodate late registrants. Seminar availability based on date of registration on a first-come, first-served basis.
SEMINAR MATERIALS
Attendees will receive a copy of the Official ICC Incoterms® 2020 book and our companion book, Incoterms® Rules for Americans® – Rewritten for Incoterms® 2020, as well as comprehensive seminar notes.
SEMINAR HOURS
8:00 AM Registration and Continental breakfast 8:45 AM Instruction begins
10:30 AM Break
11:45 AM Lunch break on your own
1:00 PM Instruction resumes
2:30 PM Break
4:00 PM Concludes
There will be complimentary morning and afternoon beverage breaks