This one-day course is a deep dive into the understanding of INCO terms and their correct application in international trade. Participants will explore the purpose and evolution of INCO terms, how and why they are used, and the risks associated with incorrect interpretation, which could result in huge loss.
The course provides detailed guidance on the responsibilities, benefits, and limitations of each term, including delivery place definitions, transport rules, and how INCO terms should be reflected in commercial and shipping documentation.
The course also examines legal enforceability, the relationship between INCO terms and New Zealand legislation, and their relevance within the framework of international conventions, enabling participants to apply INCO terms correctly and reduce commercial and contractual risk.
This is an educational awareness course designed to strengthen industry knowledge. While no formal qualification is issued, The Training Team provides a Certificate of Competence.
For accurate onsite pricing and booking, please contact us.
