International trade is a risky business if traders do not know how to interpret where their risk starts and stops. It’s not just about buying and selling, but also all cost, task and responsibilities along the entire supply chain. Hence knowing the rules and language practice in international trade terms, issued by International Chamber of Commerce (ICC) on when the passing off the risk of the goods, undertaking the task, cost and payment is of paramount important to trade.
This training workshop will illustrate to the participants on the various risk mitigation possibilities. It is therefore imperative for all those involved in the processing of international trades be it purchasing, sales, logistics and account& finance, be it front or back office support, to attend this workshop to learn the various international trading terms changes, LC payment term processes and the different form of trade finance.