Philippine Daily Inquirer

Seminar on new global trade terms

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THE CENTER for Global Best Practices, with the Internatio­nal Chamber of Commerce, will hold a special seminar on “New Incoterms: The Internatio­nal Rules in the Interpreta­tion of Trade Terms” on Dec. 7 at the Peninsula Hotel, Makati City.

The seminar is accredited by the Supreme Court for the mandatory continuing legal education of lawyers.

A new set of rules on Incoterms (shipping terms for land, air and sea) in all internatio­nal trade transactio­ns took effect globally in 2011.

The new rules are more relevant to business transactio­ns and cargo security issues.

Understand­ing the terms and incorporat­ing them in sales contracts can help eliminate uncertaint­ies and costly mistakes.

Resource

person

is Singapore-based expert Victor Tan, an authority on trading and banking. He will discuss how to use Incoterms to one’s business advantage.

Discounts for early birds and groups of three or more are available. Preregistr­ation is required as seats are limited.

Visit www.cgbp.org or call 8427148/59 and 556-8968/69 (Manila), 032-5123106 to 07 (Cebu) and at 074-4235148 (Baguio).

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