Understanding International Commercial Terms Incoterms

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=N7nb4grnFTY

What are Incoterms? Is it the seller or buyer who is responsible for this? And are these even needed? • As part of the Export Academy, John Harrison MIEx CMRS (Director at JH Market Strategy Ltd) delivers a workshop on understanding Incoterms rules, what they do and don’t cover and the impact on cost of goods. • Scroll down for webinar chapters and for further links on incoterms and the Export Academy. • ___________________________________________ • WEBINAR • 01:40 – Supply chain responsibilities • 03:36 – The Incoterms 2020 rules • 05:47 – What incoterms rules do • 10:39 – Responsibilities that the buyer and seller must consider in order to be compliant? • 11:36 – What are the 4 groups and 11 incoterms? • 16:54 – Selecting the most appropriate terms • 22:44 – What does free carrier (FCA) mean? • 24:30 – How does delivered at place (DAP) work? • 26:15 – What isn't covered by incoterms rules? • 27:22 – Insurance and considering risk • 29:36 – When does title of goods pass from buyer to seller? • 32:04 – Payment terms and the agreed incoterms rule? • 33:10 – Tariffs and the agreed incoterms rule? • 36:10 – Intellectual property rights and the agreed incoterms rule? • 37:39 – Valuing goods for customs • 38:35 – Summing up what needs to be understood about Incoterms? • ___________________________________________ • LINKS • Read more on incoterms: https://www.great.gov.uk/advice/inter... • Find out more about the Export Academy register: https://www.great.gov.uk/campaigns/ex... • ___________________________________________ • SOCIAL MEDIA • Follow us on: • / tradegovuk • / 1088... • / • / uktrade

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