Course INCOTERMS 2020
Course INCOTERMS 2020
- General Information
- Purpose of training
- Target audience
- Learning outcomes
- Course program
General information. Course INCOTERMS 2020
Total amount of training: 20 acad. hours, including the volume of classroom and practical work of 20 acad. hours
Study group (ISCED): Transport services
Language: Russian, English
Course group: up to 10 people
Teaching methodology
The training consists of lectures that are held online in ZOOM. For the demonstration of the practical work are used video materials.
Educational materials. Course INCOTERMS 2020
Each student receives learning materials in PDF Format. The student receives the learning materials after paying for the tuition and crediting the payment to the current account of the education centre. After receiving the payment, the education centre provides the student with access to the personal account. The student’s learning materials are located in the personal account. Video materials are sent in the appropriate video format. The cost of training materials is included in the course price.
Description of the learning environment
Training is conducted online via ZOOM.
Conditions of graduation
The course is considered as completed, after the student has passed all the subjects prescribed in the curriculum, in the amount provided by the curriculum. The exam is conducted in the form of an examination test according to the course program. The exam is counted as passed if the student has completed at least 60% of all tasks of the test. At the end of the course, the student receives a certificate of completion or certificate of attendance of the course.
Documents the student receives
A certificate of completion of the course is issued if the student has attended at least 70% of the classes, completed at least 70% of the homework and independent work and/or passed the course exam. If a student attended less than 70% of classes, completed less than 70% of homework and/or did not pass the course exam, then upon completion of the course he will be issued a certificate of attendance of the course.
The certificate of completion of the course contains the student’s personal data and school data, learning outcomes (knowledge and practical skills that the student has acquired as a result of the training), the scope of the curriculum, the period of study, a list of teachers.
The certificate of attendance of the course contains the student’s personal data, school data, the number of academic hours of study attended by the student, the period of study, a list of teachers.
Both certificates are issued in English.
To provide students with knowledge of international rules on the interpretation and practical application of the most widely used trade terms in the field of transport and foreign trade.
Course INCOTERMS 2020 is designed for:
- for those who are engaged in the preparation of contracts;
- for those who plan to organize logistics services or logistics at the enterprise;
- for those who plan to engage in cargo transportation, registration of deliveries and customs documents;
- for executives and managers of transport companies;
- for drivers of international heavy-duty vehicles;
- for those who have experience in the sales department, in the logistics department, in the supply and procurement department and would like to improve their skills;
- for those who have no work experience and would like to study the international terms of delivery;
- for lawyers who want to expand their level of knowledge in the field of logistics and international economic relations.
The trainee has the following knowledge and skills:
- knows the main international legal acts regulating supplies in sales contracts;
- knows the principles of drawing up international contracts for transportation;
- draws up the necessary documentation;
- knows the possible risks and ways to minimize them;
- knows the terms of cargo insurance.
Course program. Course INCOTERMS 2020 online
1. Major International Conventions (Editions of Incoterms 2020) in Supply and Sale Contracts
2. Reflection of the terms of Incoterms 2020 in international contracts. Errors and losses in cases of incorrect application of Incoterms 2020
3. Principles of drafting international contracts. Direct and multimodal (intermodal) transportation in international trade. Classification of vehicles, permissible weights, and dimensions
4. Work with EU countries
5. Export/Import with China
6. Work with the EAEU countries
7. Work with countries outside the community.
8. Typical errors of international contracts: errors in the choice of terms of delivery, the moment of conclusion of the contract, errors in correspondence, determination of the price for long-term contracts
9. Choice of contract form. Errors and their consequences.
10. GAFTA contracts
11. FOSFA contracts
12. FIDIC contracts
13. How to minimize losses in case of force majeure, including economic crisis.
14. Documentation. Necessary documents for the vehicle and transported goods (auto-, sea-, airplane)
15. Risk assessment in the conclusion of international contracts
16. Verification of a potential counterparty. Assessment of potential risks in the counterparty’s country. Choice of applicable law, arbitration, court, terms of delivery and settlement terms. Recommendations for risk reduction. Solving problems in case of violation of payment terms
17. Compulsory and voluntary cargo insurance and t/c abbreviations and Anglicisms in logistics. Insurance errors
18. Case Studies
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