Incoterms 2010 Seminars Hong Kong
Incoterms 2010 Seminars Hong Kong are being provided due to announcement by The International Chamber of Commerce (ICC) that Incoterms® 2010 were launched in September and become into effect on January 1, 2011.
New Incoterms® 2010 and Pitfallsof International Sale Contract Organized by the International Chamber of Commerce Hong Kong, China Venue and Date Date : 23 October, 2010 (Saturday) Time : 9:00am –1:00pm Venue : United Conference Centre, 10/F., United Centre, 95 Queensway, Admiralty, Hong Kong
INCOTERMS® 2010 WORKSHOP
Incoterms 2010 Seminars Hong Kong aim to inform the International Trading sector.
Incoterms® rules define the responsibilities of buyers and sellers for the delivery of goods under sales contracts. Incoterms® 2010 takes into account the latest developments in commercial practice, and updates and consolidates some of the former rules. A new classification system divides the 11 Incoterms® rules into two distinct groups:
Rules for any mode of transport: EXW FCA CPT CIP DAT DAP DDP
Rules for waterway transport: FAS FOB CFR CIF
In addition to the 11 rules, Incoterms®2010 includes:
• Extensive guidance notes and illustrative graphics to help users efficiently choose the right rule for each transaction; • Clarity in expressing the terms of delivery to avoid future disputes and to understand distinctly the responsibilities and obligations of the parties in a trade transaction • New classification to help choosing the most suitable rule in relation to the mode of transport; • Advice for the use of electronic procedures; • Information on security-related clearances for shipments; • Advice for the use of Incoterms® 2010 in domestic trade.
Who should attend? This Seminar is a must for:
• exporters, importers and traders; • carriers, freight forwarders, insurance companies; • bankers working in trade finance, particularly in documentary credits and collections departments; • specialists in trade finance; • front office bank specialists, relationship managers; • lawyers, advocates, academics;
Why You Must Attend This interactive seminar will: • Explore not only the changes, but will provide you with a completeunderstanding of the use and application of the Incoterms® rules. Forinternational buyers and sellers, it is imperative to understand how to properlyuse these rules in your sale/purchase contracts. Learn how to choose thecorrect Incoterms® rule – it will affect your obligations and ultimately yourbottom line. • Adopt real cases and examples to demonstrate the key contractlaw principles and facilitate the attendees to better understand and apply therelevant legal concepts in their international trade business. Aninvaluable programme to avoid/mitigate millions of dollars trade exposure. Speaker FUNG King Tak Partner of Eversheds, who has conducted over 50 Incoterms workshops in different parts of the world.
Full Details and Bookings for Incoterms 2010 Seminars Hong Kong Incoterms 2010 Seminars Hong Kong Workshop
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