The Cape Chamber of Commerce and Industry (CCCI) is planning an information session on the newly published Incoterms 2020.
According to a CCCI spokesman, the session will take place on October 22 at the Chamber’s offices in Cape Town and will be presented by Mark Goodger of Global Maritime Legal Solutions.
This comes after the International Chamber of Commerce launched the newest edition of the trade terms for the delivery of goods, earlier this month. First introduced in 1936, Incoterms provide certainty and clarity to business and traders everywhere.
According to the ICC the new terms are not only more accessible and easier to use, but also include more detailed explanatory notes with enhanced graphics to illustrate the responsibilities of importers and exporters for each rule.
