Why Attend
This program, developed by Global Horizon Training Center, integrates the essentials of international trade with a focus on finance and the application of Incoterms 2020. It provides participants with a detailed understanding of trade finance mechanisms, risk management, and the legal framework for international trade. Additionally, it covers the roles of Incoterms 2020 in facilitating smooth, compliant, and financially sound international transactions.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Understand key principles of international trade and finance.; Identify various trade finance instruments and their applications.; Apply Incoterms 2020 effectively to manage financial risks.; Recognize the impact of trade policies and regulations.; Implement best practices in international contracts and logistics.
Day 1: Fundamentals of International Trade Trade and Finance Managers; Import/Export Coordinators; Legal and Compliance Officers; Supply Chain and Logistics Professionals; Sales and Business Development Managers; Any professional involved in global trade finance
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Day 1: Fundamentals of International Trade
Introduction to international trade principles
Trade agreements and global market dynamics
Overview of Incoterms 2020 and its role in trade
Understanding risk allocation and responsibility under Incoterms
Day 2: Trade Finance Instruments
Overview of key trade finance tools: letters of credit, documentary collections, trade credit insurance
Detailed analysis of payment terms and their impact on finance
Case studies: selecting appropriate finance instruments in trade transactions
Exercises to match trade scenarios with finance solutions
Day 3: Detailed Incoterms 2020 Application in Trade Finance
In-depth analysis of each Incoterm and its financial implications
Cost and risk allocation in contracts (EXW, FCA, FOB, CIF, etc.)
Integrating Incoterms into sales and finance contracts
Practical exercises on incorporating Incoterms in financial transactions
Day 4: Managing Trade Risks and Compliance
Legal framework and regulations in international trade
Risk management strategies for currency fluctuations and market risks
Compliance considerations with Incoterms 2020 in cross-border trade
Workshop: drafting compliant, finance-oriented trade contracts
Day 5: Case Studies and Practical Applications
Analysis of real-world case studies in international trade and finance
Hands-on workshop: implementing trade finance strategies with Incoterms
Role-play: managing negotiations and financial terms with trade partners
Review, Q&A session, and feedback