FOR CORRECT PRICING

ICC has just launched the INCOTERMs  2020 with major changes, which will directly impact the product price. 

If the exporter fails to understand it, means he/ she fails in business due to incorrect capturing of the associated costs.

​

TO DEFINE THE OBLIGATIONS

​In INCOTERMs 2020, ICC has changed the roles and responsibilities of major Rules and introduced a NEW one too. Seller and Buyer must know their obligations so that during the trade transaction they can play their roles unbiased.

TO SAVE TRANSACTION COSTS

There are many business partners involved in export-import transactions especially logistics companies.

A person who knows the newly launched INCOTERMs 2020 can save a lot of costs.

If the transaction is under

LETTER OF CREDIT, it is imperative TO KNOW how to deal with the critical ARTICLES of Letter of Credit.