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.
Know Your Role
A routed export transaction (RET) occurs when the foreign buyer of the goods contracts with a freight forwarder or other agent to export the merchandise from the United States. In this webinar we'll explain the differences between routed and standard exports along with providing guidance on your role and how to properly avoid risk during a routed export transaction.
- The ins & outs of RETs
- The role of US agents
- Processes & risk avoidance
- Forms required