Understanding Incoterms 2020

By the end of the session, you’ll be able to:

• Understand what Incoterms® are, what they do, and what they don’t do
• Identify the documentation each Incoterm® applies to
• Review all 11 Incoterms® 2020 in detail
• Understand the risks, costs, and obligations for both the buyer and seller under each term
• Correctly classify shipments according to the mode of transport and the nature of the goods

You’ll be able to select and use the correct Incoterm® for each transaction, ensuring clarity on costs, risk, and responsibilities.