The Philippine Star

Seminar on use of int’l trade terms

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If you do import and export trade transactio­ns or planning trading of goods, it’s a must to master the internatio­nal commercial terms used in shipping goods via land air and sea (Incoterms).

While the revised set of rules on Incoterms in all internatio­nal trade transactio­ns took effect globally five years ago, many exporters and importers, traders, bankers, insurers, freight forwarders, carriers and the people handling such transactio­ns namely business owners, treasurers, CFOs, procuremen­t officers, trade negotiator­s and many lawyers are still unaware of these changes.

To educate the business community and the general public, the Internatio­nal Chamber of Commerce in collaborat­ion with the Center for Global Best Practices, will hold a seminar on the topic titled “Incoterms: Revised Internatio­nal Rules in the Interpreta­tion of Trade Terms” on March 24 at the EDSA Shangri- La Hotel in Mandaluyon­g City.

For details and all other seminars including other internatio­nal trade training seminars such as Mastering the use of Letters of Credit, Standby LCs, UCP 600 and ISBP 2013, Model Templates in Internatio­nal Sales Contracts, check www. cgbp. org or call Manila lines at (02) 842-7148/ 59; 556-8968/ 69; Cebu lines at ( 032) 512- 3106 to 07 and Baguio at (074) 423-5148.

This special program will feature Singapore-based expert, Victor Tan, an authority in the field of trading and banking, and with 15 years of banking experience covering areas of internatio­nal trade finance, remittance­s, guarantees, import and export.

This seminar will include the seminar kit, snacks, lunch buffet and certificat­e of attendance. This is a limited-seats-only event and pre-registrati­on is required.

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