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Understanding Incoterms 2020 Webinar

Incoterms rules are the language of international trade that outlines the responsibilities of sellers and buyers for the delivery of goods under sales contracts. The Incoterms rules are updated every 10 years by the International Chamber of Commerce to keep pace with the global trade landscape. Despite the well-established practice of using the Incoterms rules, many still do not apply them correctly. Applying the wrong Incoterms rules could result in delivery and payment problems, with operational and financial implications to companies. Incoterms 2020 brought changes that have been effective since 1 January 2020. 

Key Topics

  • What are Incoterms rules intended for?
  • What the Incoterms rules do
  • What the Incoterms rules don't do
  • How best to incorporate the Incoterms rules
  • Rules for the contract of sale and their relationship to other contracts
  • The 11 Incoterms 2020 rules
  • "Sea and inland waterway" and "any mode of transport" - getting it right
  • Order within the Incoterms 2020 rules
  • Differences between Incoterms 2010 and Incoterms 2020
  • Caution with variants of Incoterms 2020
DATE Wed, 21 October 2020
TIME 09:30:00 AM - 05:30:00 PM
LOCATION Live Webinar
COST $288 nett per participant (inclusive of course materials, certificate of participation)
PAYMENT METHODS Bank transfer or Paynow Corporate before commencement of workshop
Register Online or Download Registration Form and email to

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Remit payment by Paynow Corporate (UEN no. 200719590R), bank transfer, cheque or cash to TAKX Solutions Pte Ltd.

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