Incoterms

Summary

Incoterms define the responsibilities of buyers and sellers in international trade and are essential for managing costs, risks and transport obligations. This training provides participants with a practical understanding of the Incoterms Rules and their impact on transport, customs, VAT, insurance and payment terms, helping them make informed decisions in international transactions.

Target Audience

• Import and export professionals
• Logistics and supply chain professionals
• Purchasing and sales staff
• Administrative employees involved in international trade
• Anyone involved in international commercial transactions

Objectives

By the end of the training, participants will be able to:

• Understand the purpose and application of the Incoterms Rules
• Select the appropriate Incoterm for different transport modes
• Understand the division of costs, risks and responsibilities
• Recognise the relationship between Incoterms, customs, VAT and payment terms
• Apply Incoterms correctly in international trade agreements

Additional information

Employees covered by Joint Committee 226 may be eligible to apply for a training subsidy through the LOGOS Training Fund. Please consult the LOGOS website for the applicable conditions. For more information, contact subsidies@logosinform.be or call +32 3 221 97 36.