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Event Recording forWhat are Incoterms® and how should they be used?

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What are Incoterms® and how should they be used?

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Understand how obligations, risks and costs are split between a buyer and seller in connection with the delivery of goods.

What you’ll learn

  • understand what Incoterms do
  • what Incoterms do not cover
  • how this impacts the cost of goods

Description

Please note that we're transitioning from our Essentials series to our new How To series, beginning in January 2025. The recordings of our previous Essentials sessions will be available for you to view until the end of January 2025.


Incoterms are the internationally recognised, standard rules which describe how obligations, risks and costs of delivery are split between buyer and seller.

We will outline some of the most commonly used Incoterms and help you select the most appropriate terms for your sales.  As there are some common misconceptions around this subject, we’ll also highlight the things that Incoterms do not cover.  Finally, we’ll think about the broader considerations around your choice of Incoterms.

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