International Transaction Structures & Incoterms® 2010
. Please Note --> This is a Past Event!! .

Date: 11/7/2014
Time: 8:30 AM TO 12:00 PM

50 Front Avenue SW
Grand Rapids, MI 49504


Phone:
6163316811


Event Description: When conducting trade across international borders it is important to pay close attention to the way you structure of your international transactions. The buyer and seller need to be clearly identified for export declarations and customs entries. Payment terms define how much risk you are willing to take on against non-payment. Freight terms define responsibilities for freight costs, export clearances, and customs formalities. Most of these terms are negotiated up front with the sales contract or purchase order. Come join us and learn what to look for when structuring your international transactions. During the morning, special emphasis will be given to understanding the internationally-recognized Incoterms® 2010 as defined by the International Chamber of Commerce (ICC). These freight terms are specially designed to clarify the complexities of moving goods across international borders. Understanding the provisions of Incoterms® 2010 will clarify the buyer’s and seller’s the obligations for delivery of the goods, the allocation of the freight costs, and the risk of loss. Properly applied, Incoterm® 2010 can protect you from misunderstandings and disputes with your trading partners and provide you with the confidence that your international transactions will run smoothly. Van Andel Global Trade Center offers training with optimal learning in mind. VAGTC program registrants will receive free parking, and necessary program materials; as well as, breakfast during this program.


Directions:
L. William Seidman Center Grand Valley State University 50 Front Avenue SW Grand Rapids, MI 49504


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For general inquiries email us at:  mlcc@muskegon.org



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