The recent INCOTERMS 2020 (International Commercial Terminologies on the shipment of goods via land, air and sea) took effect globally on January 1, 2020. This impacts on all import-export, bank trade finance, insurance, logistics and shipment transactions.

For lawyers, it is a MUST to master INCOTERMS to help your clients in crafting commercial contracts and to effectively defend them in case of disputes and litigation.

For auditors, mastery of INCOTERMS is essential because these terms directly impact financial reporting, taxation, risk assessment and regulatory compliance — preventing financial exposure, risks on tax disputes and penalties!

For those in the banking industry, INCOTERMS determine whether a transaction complies with international trade sanctions and local banking regulations — detecting fraudulent trade transactions beforehand and ensuring that movement of the goods are valid and legitimate.

Don't be left behind! Inviting all importers, exporters, bankers (in-charge of trade finance), freight forwarders and logistics companies, non-life insurers, lawyers, accountants, auditors, custom brokers, business consultants and all those involved in International Trade and Purchasing. We’re flying in the expert, Singapore-based and International Chamber of Commerce-accredited trainer, Victor Tan. Attend and be updated.