What You Will Learn
This workshop enables participants to understand the proper procedures in doing import / export and to equip the participants with the necessary skills in doing international trade.
Topics to be covered
Day 1
- Understanding international trading terms (e.g. EXW, FCA, CFR, etc.)
- How to do quotations and to prevent losses
- Using the latest terms to your advantage
- Importance and proper uses of documents
- Understanding B/L and AWB
- Purpose of invoice and packing list
- Certificate of origin and it’s applications
Day 2- The need for cargo insurance
- Types of policies
- Understanding the exemption clauses
- Claims procedures for damaged cargo
- Types of international payment and transaction
- Operation of letter of credit
- Types of letter of credit
- L/C negotiation
- How to overcome L/C discrepancies
