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[Trade and Commerce Archive] Trade Contracts and Incoterms 2020

The export contract conclusion procedures and key checklist items for each negotiation condition, as well as the purpose of each clause in international English contracts, have been structured by incorporating various case studies. Additionally, we analyze the main conditions of Incoterms 2020 (FOB and CIF conditions) and provide easy-to-understand explanations of trade contracts and risk management strategies, which are the most important aspects of trade transactions.

1 learners are taking this course

Level Beginner

Course period Unlimited

  • kpcre
Management
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What you will gain after the course

  • Understand the procedures for concluding trade contracts and be able to directly prepare related forms.

  • You can understand the purpose of each clause included in international English contracts.

  • You can identify the key checklist items for major negotiation terms in trade contracts.

  • You can clearly distinguish the roles of exporters/importers under FOB terms and CIF terms.

Smart business, wise contract agreements! Master Incoterms and your negotiation power will change!


Are you perhaps using Incoterms out of habit? Various variables have emerged in the global trade market since COVID-19. Accordingly, unexpected costs may arise. Did you know that export logistics costs can be reduced simply by changing Incoterms?

This course is structured by combining the export contract conclusion procedures, key checkpoints for each major negotiation condition, and the purpose of each clause in international English contracts with various case studies. Additionally, we analyze the main conditions of Incoterms 2020 (FOB and CIF conditions) and provide easy-to-understand explanations of trade contracts and risk management strategies, which are the most important aspects of trade transactions.


Field-oriented education

  • You can respond to trade contract risks in various situations by learning not only the conditions mainly used by your company, but also other conditions.

  • We have presented the concept of Incoterms and the revised content of Incoterms 2020.


Presenting key points focused on practical application

  • You can learn by topic through micro-learning focused on core keywords that can be immediately applied in practical work.

Course Outline


  1. Review Items for International Business Contracts

  2. English Contract Analysis and Risk Management

  3. Trade Contract Conclusion Process

  4. Quantity Terms and Shipment Terms

  5. TT Remittance and Letter of Credit Payment

  6. Incoterms 2020 Overview

  7. Ex-works delivery terms

  8. Destination Delivery Terms

Presenting differentiated content through recruitment of specialized professors in trade and commerce

We recruit specialized professors in trade and commerce to provide lectures that carefully select only the core skills required in industrial settings. We have recruited instructors who are highly praised for their in-depth lectures at corporations, public institutions, and universities to present professional and differentiated content.

CEO Kim Young-hoon

Current) CEO of International Trade Development Institute

Current) CEO of Gyeyoung Publishing

Current) Korea Financial Training Institute Instructor

Current) Korea International Trade Association Trade Academy Instructor

Current) Korea Productivity Center Instructor

Current) Kyung Hee University Global Future Education Institute Instructor

Former Senior Researcher at Korea Institute of Origin Information

Former) Trade-related qualification exam question committee member, etc.



Recommended for
these people

Who is this course right for?

  • Practitioners and managers in import/export, customs clearance, and tariff-related departments

  • Trade and international logistics, overseas sales, and foreign procurement practitioners and managers

  • Practitioners and managers who are interested in understanding and improving overall trade transactions, including customs refunds, customs clearance, import/export, overseas market development, overseas buyer discovery, and origin management

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Rating

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Courses

As an affiliate of the Korea Productivity Center established in 1987, we provide essential job training for employees of corporations and public institutions.

We have developed job-duty-task-based educational content to strengthen practical skills, based on the actual 'work' that occurs in real corporate business environments.

Experience job training on a whole new level!

Homepage : https://www.kpcice.or.kr

Curriculum

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24 lectures ∙ (4hr 56min)

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