Incoterms and Export Licence Controls
Date & Time: 07/09/2020 9:30 am - 4:30 pm | Location: Bedfordshire Chamber of Commerce
The purpose of the course :
Incoterms 2020 – understand what has changed, compared to Incoterms 2010. This is your opportunity to understand fully the comprehensive aspects of International Commercial Terms “Incoterms”. If you do not know your DAP from your DPU, or get confused over FOB versus FCA; then this is the course for you. We’ll guide you through each of the Incoterms, explaining the costs involved, and whether these should be met by the Seller or the Buyer. We’ll identify the transfer of risk points for each of the 11 Incoterms, and clarify the issue of Insurance.
Export Licence Controls : We’ll then enter the world of Export Licence Controls, explaining the role of Export Control Joint Unit (ECJU), and their on-line export control portal (SPIRE, and its’ replacement). Whether you are exporting goods designed for Military use, or Dual-use items : or whether you are not sure (!), we’ll explain the rating process, and the importance of End-User Undertakings. Export Licence rules do not only cover the physical movement of goods, but also cover certain software, and certain technology.
Benefits for your organisation :
A unique opportunity to learn about these two very different aspects of International Trade.
The new Incoterms 2010 rules will be examined in detail, ensuring awareness of which 4 Incoterms have been removed, and the 2 extra Incoterms that have been introduced. Use these International Commercial Terms to understand the costs and risks when moving goods internationally, thereby avoiding disputes with your customers. Export Licence Compliance is essential to all exporters. Companies large and small must equally comply with our Licensing rules. This course will ensure you aware of the SPIRE system, and its’ replacement, and how to keep updated on the frequent changes. Learn how Brexit will impact on your movements of export licence controlled goods.
Who is this course for ?
This one day course is suitable for all Exporters, whether you are exporting goods &/or technology &/or software. Incoterms covers the physical movement of goods, but Export Licensing has a much wider remit. It is vital that you meet your responsibilities as an Exporter, and have an awareness of Financial Sanctions.
Topics Covered :
- Incoterms 2020 in depth : EXW, FAS, FCA, FOB, CPT, CFR, CIP, CIF, DPU, DAP, DDP.
- Delivery & transfer of risk
- Cost build up
- Insurance Issues
- Export Licences & the SPIRE system & it’s replacement
- Export Control Joint Unit (ECJU)
- Different types of Licences – including OGELs, SIELs, OIELs
- End User Undertakings
- Brexit effects on export licence controls
By the end of the course, delegates will be able to :
Move goods confidently across borders, being aware of the risk and cost lines. Know which Incoterms are applicable for which modes of transport. Have the knowledge of how to search for whether or not an Export Licence is required. Determine the different licences available, and when each are applicable, be confident about Export Licence requirements. Receive Export Control Notices to ensure you are kept up to date with changes in regulations, including the challenges of Brexit.
Call: 01582 522448