INCOTERMS 2020

ICC Ghana is delighted to announce the first ICC Incoterms® 2020
Training Seminar taking place at the Fiesta Royale Hotel on the 22nd –
23rd June 2021.

Background:

On the 25th of November, 2019, the International Chamber of Commerce,
Ghana launched the incoterms 2020, the latest version which is also the
10th edition. The new term took effect on January 1, 2020 and has been
updated to identify the responsibilities of buyers and sellers for the
delivery of goods in international trade. Incoterms® 2020 is accessible
and easier to use, and includes more detailed explanatory notes with
enhanced graphics to illustrate the responsibilities of importers and
exporters for each Incoterms® rule.

As Ghana commences trading within the Africa Continental Free Trade
Area, there are clearly many trade opportunities for Ghanaian companies,
but trading conditions are getting tougher with increasing barriers as
governments turn to protectionist measures globally as a result of the
pandemic. ICC Incoterms® provides a solution to helping companies
improve trade capability and reduce costs, risks and unnecessary
disputes when buying and selling goods.
Learning Outcomes:

  • Use the Incoterms 2020 Rules with confidence in order to identify the
    most suitable Incoterms rule;
  • Understand the fundamentals of each rule, such as when it should be
    used, when risk passes and how costs are allocated between buyer and
    seller;
  • Describe the main issues to be considered by buyers, sellers and
    carriers as well as identify the relevant transport documents in order
    to secure a successful sales transaction;
  • Describe what an Incoterms rule does and doesn’t do in order to avoid
    dangerous mismatches with the outlying contracts of transport, insurance
    and the letter of credit;
  • Help ensure that payment in cash/against documents happens as smoothly
    as possible by knowing how to avoid unwelcome documentary discrepancies

Course Facilitators: Mr Clifford Mettle- Chair – ICC Ghana Banking
Commission, Mr Adu-Kusi- Member ICC Court of Arbitration, Mr. Robert
Dapaah is a Trade Facilitation consultant and lecturer. He is a FIATA
certified trainer in freight forwarding

Fee: Non Members: 1500 Ghana Cedis per participant
Members: 1000 Ghana Cedis per participant

Register here:
https://form.jotform.com/ICC_GHANA/Advanced-Seminar-On-Incoterms-2020

For any enquiries please contact Emmanuel Adu-Debrah on 0302 981332/
0262352046 or info@iccghana.org before 15th June 2021.