What they mean and how to pick one. Incoterms® were established by the International Chamber of Commerce (ICC) in 1921 and have become a crucial element in global trade, defining the responsibilities of buyers and sellers in international transactions. In this webinar, we’ll provide a high-level overview of Incoterms®, delve into their complexities, and simplify their application in various trade scenarios. You’ll gain a clear understanding of how to use Incoterms® to allocate risks and costs effectively, ensuring smoother international transactions.
Expert guidance, tips, and access to decision making resources
Incoterms® were developed by the ICC in 1921 and have since proven to be an indispensable tool for conducting international transactions. We'll focus on the high-level overview, dive into the intricacies, and make it easy to understand the responsibilities of each party in an international transaction.
- Accurately applying Incoterms® in your international transactions
- Advantages of understanding and applying proper terms
- Calculating Incoterms® impact on your Total Landed Cost