Incoterms® 2020 Training

Get up to speed on the latest edition of Incoterms® with in-class training across Canada from FITT and the Canadian Chamber of Commerce.

Incoterms® 2020 Training

                      

 

What are Incoterms®?

The Incoterms® rules are an internationally recognised standard and are used worldwide in international and domestic contracts for the sale of goods. 

Developed by the International Chamber of Commerce (ICC), Incoterms® help businesses operating internationally avoid costly misunderstandings by defining the costs, risk and obligations in each international trade transaction to importers, exporters, customs brokers, lawyers and students. Whether you are filing a purchase order, packaging and labelling a shipment for freight transport or preparing a certificate of origin at a port, the Incoterms® rules are there to guide you.

For more information, please visit FITT’s introduction to Incoterms® article on the TradeReady blog and the ICC’s Incoterms® Rules page.

 

How are they changing?

On September 10, the ICC published Incoterms® 2020, the first update to these terms since 2010. The new Incoterms® will enter into effect January 2020. Incoterms® 2020 will affect how companies understand their responsibilities at each stage of an international trade transaction, with potential implications for their bottom line.

 

How can I access training?

To get businesses up to speed on these new terms and help them succeed in global markets, FITT is partnering with the Canadian Chamber of Commerce (CCC) to offer Incoterms® 2020 in-class training across Canada.

This training will be the only in-class training officially recognized by the International Chamber of Commerce (ICC) and delivered by ICC-certified Incoterms® trainers. Read our announcement on the TradeReady blog for more information about the FITT-CCC partnership.

This training is designed to help exporters, importers, sales staff, contract experts, shipping and receiving personnel, trade finance specialists, trade compliance managers, and other supply-chain professionals gain an understanding of the latest edition of the Incoterms® rules. It will provide background, detail of Incoterms® 2020 Definitions/Rules and Obligations, and detail the main changes that are taking effect.

Companies and professionals attending the session will be able to:

  • Understand how to properly incorporate Incoterms® 2020 into pro forma invoices and sales contracts
  • Identify corporate sales strategies that lower risks and costs
  • Identify the correct Incoterms® 2020 rule for specific transactions
  • Determine the obligations, risks and costs for both sellers and buyers
  • Avoid common errors when using Incoterms
  • Use Incoterms to the company’s advantage

This professional training is excellent for beginners and will also serve as an in-depth refresher with important updates for experienced professionals.

The workshop price includes all participant reference materials and an ICC Incoterms® 2020 e-book (containing a complete set of updated rules).  

 

Incoterms® 2020 in-class training is also offered in partnership with:

 

           

 

Upcoming events

Canadian Chamber of Commerce - December 4, 2019 (SOLD OUT), 275 Slater Street, 2nd Floor Conference Room, Ottawa, ON

  • Trainer: Emiliano Introcaso, CITP
  • Lunch Speaker: Christophe Rouleau, Trade Commissioner, Free Trade Agreement Promotion

 

Toronto Region Board of Trade - December 4, 2019, Greater Toronto Area

  • Trainer: Ann Archer, CITP, ICC Registered Trainer on Incoterms® 2020 in Canada

 

Canadian Chamber of Commerce - December 5, 2019, 275 Slater Street, 2nd Floor Conference Room, Ottawa, ON

 

Surrey Board of Trade - December 5, 2019, 14439 104 Ave., Surrey, BC

  • Trainer: Greg Henderson, CITP, ICC Registered Trainer on Incoterms® 2020 in Canada
  • Lunch Speaker: Christophe Rouleau, Trade Commissioner, Free Trade Agreement Promotion

 

Greater Sudbury Chamber of Commerce - December 6, 2019, Bryston's On The Park, 5 Creighton Road, Copper Cliff, ON

 

World Trade Centre Vancouver - December 6, 2019, Fairmont Waterfront Hotel (900 Canada Place), Vancouver, BC

  • Trainer: Greg Henderson, CITP, ICC Registered Trainer on Incoterms® 2020 in Canada
  • Lunch Speaker: Christophe Rouleau, Trade Commissioner, Free Trade Agreement Promotion

 

World Trade Centre Winnipeg, in partnership with the Winnipeg Chamber of Commerce - dates and location to be confirmed

 

More locations and dates for Incoterms® 2020 training will be announced soon, so please check this page periodically or sign up for FITT's weekly newsletter for more information and updates.