The Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) is proposing to organize Spring 2024 Training Sessions – in cooperation with interested Primary and Affiliate Members – four different one-day training seminars on International Trade Terms 2020 (Incoterms 2020) and related themes.

The four proposed one-day Seminars are:

(1) New Revision of the International Trade Terms
What you need to know to make your international trade deal successful based on Contract of Sale and ICC Rules Incoterms 2020 (one day)

(2) Developments on Demand Guarantees and Standby L/C World (one day)

(3) Payment and Security Instruments in Foreign Trade, and Trade Finance
How to secure your exports overseas? (one day)

(4) INCOTERMS 2020 and linkage to documentary credits
Updated ICC Publication ISBP 821 explained! (one day)

As the Incoterms 2020 continue to be updated since its inception in January 1, 2020, being familiar with all changes and their impact is a must in the international trade and finance world. Moreover, new changes, updates and new developments were implemented during 2023 that might require further study today.

Interested chambers can choose from the suggested topics and preferably organize at least a two one-day courses. The programs can be adjusted according to the Chamber’s needs.

For instance there could be more comprehensive one-day course just on documentary credits and their financing, with news on some practical issues. New topics can be added or deleted. In fact, more time will be allocated to practical case studies and discussions.

By attending the seminars, participants will be able to:

(1) Get a further understanding on the main aspects of contract of sale, related risks, main problematic issues;

(2) Familiarize themselves with trade terms as per Incoterms and above all with new revision Incoterms 2020 – their practical impact on international trade and finance; and

(3) Learn about the relationship of payment terms to trade terms – Incoterms 2020.

The seminars will be conducted by Mr. Pavel Andrle, Secretary to the Banking Commission of ICC Czech Republic as well as Member of UCP 600 Consulting Group.

In this regard, we would like to know whether your Chamber is interested in hosting the proposed seminars under a cost-sharing arrangement as outlined in the Shared Responsibilities Agreement.

Please let us know if your Chamber is interested to host the proposed seminars under the proposed cost-sharing arrangements by filling out the Response Form and returning it to us through our Fax No.: (886 2) 2760-7569 or e-mail cacci@cacci.biz by March 30, 2024.

The four seminars’ syllabus, Mr. Pavel’s resume, Shared Responsibilities Agreement and Response Form can be downloaded HERE.