Incoterms® 2010

Seminar Overview

This fast-paced, half-day seminar covering the latest revision of the International Chamber of Commerce (ICC) Incoterms® rules will be presented by Frank Reynolds, author of INCOTERMS® for Americans. Frank was the only US member among the legal and business experts serving on the ICC committee that worked 2.5 years reviewing 2000+ recommendations from many of the ICC member countries. As a licensed customs broker, with 32 years of experience as a business owner, exporter and consultant, Frank Reynolds can explain Incoterms as well as anyone.

American users have a particular stake in the Incoterms® 2010 rules. Not only does this latest revision reflect the post 9/11 cargo security regulations and new Institute Cargo Insurance Clauses, it also considers the effect of the deletion in 2004 of the shipment and delivery terms formerly found in parts 2.319 to 2.324 of the Uniform Commercial Code. Free of the “FOB confusion” found in the old UCC terms, Incoterms® 2010 rules are far more amenable to U.S. domestic use than any previous version.

In short, this half-day seminar provides the information and materials you need to use these improved Incoterms® rules to your advantage.

Registration Fee Includes

  • Complimentary continental breakfast available through the morning.
  • 3.5 hour presentation by Frank Reynolds.
  • Copies of the ICC publication of Incoterms® 2010 (a $60 value), and Incoterms for Americans (a $60 value).

Date: June 6, 2013 8:30 AM – 12:15 PM
Venue: Fox Valley Technical College – D.J Bordini Center
Cost: $179 per person

Questions? Contact Koreen.Grube@trade.gov or (414) 297-1853.

To Register: Click Here

Agenda

  • Overview
  • Why Incoterms® rules?
  • The revision process
  • Useful definitions
  • Sellers and buyers
  • Role in sales/purchase contracts
  • What Incoterms® rules do
  • What Incoterms® rules don’t do
  • Common misconceptions
  • Service providers
  • Hoops and hurdles in trade
  • Incoterms® rule-by-rule analysis
  • American perspective on title
  • American perspective on accounting
  • American perspective on export clearance
  • Relation to international payment terms
  • Domestic use of Incoterms® rules
  • Incoterms® 2010 rules – UCC terms matchup

Hotel Information: Comfort Suites has a block of rooms set aside if you wish to arrive the evening before. The rate is $70 per night. In order to receive the FVTC discount, you must call 920-730-3800 to book your reservation.

Grants available to cover program fee:

The Wisconsin Economic Development Corporation (WEDC) has a Global Business Development Program to aid the growth and expansion of the state’s exports by providing matching grant funding to Wisconsin businesses for export training, development, and promotion activities.

Export Development Grant: Designed to help propel small-and medium-sized Wisconsin companies to become export-ready and to better assist them in developing the internal competence to enter and expand into global markets.

For more information and to apply visit http://inwisconsin.com/gbd-grants/

Co-Sponsored by…

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