Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.
Today we’re reminding our listeners that incoterms rules are changing at the start of 2020. With the updates and specific changes to be announced very shortly by the International Chamber of Commerce. We are delighted to be joined by a world-renowned exporting expert, Mr Robert Ronai.
As part of the Incoterms 2020 Media Alliance with the ICC UK, Trade Finance Global reports important information on the rules that are changing for Incoterms at the end of the year. Using the wrong ICC Incoterm when trading goods worldwide exposes companies to greater risk and cost in the form of lost goods or unnecessary disputes
With numerous bodies and organisations speculating, pre-selling courses and providing information on fake incoterms, TFG gets behind incoterms 2020, why there are rumours, what’s fake, and what’s true.