Surrey Business News
Surrey Board of Trade Delivered First Internationally Recognized Incoterms® 2020 Training
New Rules for Importers/exporters Starting January 2020 – Next Session February 20
The Surrey Board of Trade partnered with the Canadian Chamber of Commerce and the Forum for International Trade Training (FITT) to deliver the Incoterms® 2020 in-person training to businesses in advance of the new import/ export standards coming into effect in January 2020. The first sold-out training session took place on December 5, 2019. Next Session February 20, 2020
What are Incoterms® rules?
Revised by the International Chamber of Commerce every 10 years, Incoterms® are an essential part of the language used by buyers and sellers in international trade. These trade terms are incorporated in contracts for the sale of goods worldwide and define the costs, risks and obligations in international trade transactions to importers, exporters, transporters, customs brokers, lawyers and students of international trade. An improper use of Incoterms® can be costly to businesses.
Companies should consider participating in this training in 2020 if they are from the following industries:
• Import / Export
• International Trade Consulting
• Financial Services
• Freight Forwarding
In partnership with: Global Affairs Canada, Trade Commissioner Service, and Export Development Canada (EDC)