Commercial Terms & The IncotermsĀ® 2020 Rules

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An Introduction to Commercial Terms, with specific emphasis on the ICC’s IncotermsĀ® Rules, 2020

Thank you for showing an interest in this material. This course comprises of a series of 23 modules designed to allow for a thorough understanding of the subject of Commercial Terms (a course prospectus is available for downloading via the link at the foot of this page.)

Although starting at an entry level, the material moves through the intermediate level to an advance level as the course progresses, and seasoned users of commercial terms will also benefit from the course, providing, as it does, a firm foundation that is otherwise often lacking.

The material challenges many preconceived and often incorrect ideas, and unpacks some of the finer points of the Rules in an accessible and meaningful manner. 

The material is broad and takes in several related areas such as customs valuation, marine insurance, and common payment conditions, in as much as they each relate to the core subject of commercial terms. 

Importantly, this course is geared toward the practical application of the Rules; not just what they are, but how to use them. 

The whole comprises of 7 ½ hours of lectures and, depending on your individual referencing and reading speed, around 4 ½ hours of reading. In addition, the course has 22 quizzes posing more than 65 practical questions.

The course may be undertaken over a 35-day period and you are encouraged to pace the material within that window – short bursts are far more effective than deep immersion. 

If you require additonal information or support, email – [email protected]

www.freighttraining.co.za

Please do not enrol on the course unless you have a copy of the ICC IncotermsĀ® 2020* to work with, as some parts of the course lean heavily on the reading of selected sections of this text.

The ICC have generously offered a 25% discount on the e-book version of IncotermsĀ® 2020; the discount code is shown in the Introduction video (above) and will be advised further with the course payment confirmation.

(*ICC publication 723E, also available in the 6th Edition of Trading Words & Phrases)

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