If you do import and export trade transactions or planning to trade goods, it is a must to master INCOTERMS (International Commercial Terms used in shipping goods on land, air and sea). While the revised set of rules on INCOTERMS in all international trade transactions has taken effect globally eight 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. Don’t mistake in the use of trade terminologies that can jeopardized your businesses. In collaboration with the International Chamber of Commerce to educate the business community and the general public, the Center for Global Best Practices will have a rerun of the program entitled, “INCOTERMS: Revised International Rules in the Interpretation of Trade Terms ” scheduled on Thursday, March 7, 2019 at the Manila M
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