Events » Understanding Incoterms® 2020 and U.S. Export Declarations

The International Chamber of Commerce (ICC) has historically revised and refreshed the Incoterms® rules every ten years.  Learn what changes come with the new Incoterms® 2020 version. 

Incoterms® remain an essential element in defining terms of trade when conducting international business transactions.  Incoterms® 2020 is specifically designed to define freight terms and cost obligations unique to ocean, air, and intermodal transportation common to international shipping. Incoterms® 2020 also defines the risk of loss transfer and export/import clearance obligations between sellers and buyers with the goal of eliminating the risk of costly misunderstandings between the parties to an international transaction. 

Topics covered:

  • Changes to the “D” rules with DAT eliminated and DPU added
  • Definitions and Framework
  • What is and is not defined by Incoterms® 2020
  • Risk of Loss
  • Buyer’s and Seller’s Obligations

Join us for a special segment on a U.S. exporter’s obligations to file an export declaration. Learn about the fundamentals of U.S. export clearance regulations and how they tie into your use of Incoterms® 2020.

Topics covered:

  • Definitions: U.S. Principal Party in Interest (USPPI), Foreign Principal Party in Interest (FPPI), U.S. Agents
  • Electronic Export Information (EEI)
  • Routed Transactions
  • Compliance and Recordkeeping

Sponsored by: Expeditors

Register

Date/Time
Thursday, January 16, 2020
8:00 AM - 12:00 PM

Location
Grand rapids, MI 49504

Non-Member Price
$250.00

Member Price
$185.00