We are delighted to announce that AST’s International Business Development Executives have each successfully achieved accredited training certifications in Incoterms®, Understanding Exporting, Export Documentation, Methods of Payment, Documentary Letters of Credit and Import Procedures. (The term, Incoterms®, is a recognised and established abbreviation for International Commercial Terms. International Commercial Terms (Incoterms®), are of course published by the International Chamber of Commerce (ICC) and are widely used in international commercial transactions.)
Hence, it’s fair to say that AST's International Business Development Executives are now far more familiar with all relevant procedures connected to successfully exporting and importing including the key use of Incoterms® and just how they:
- Provide a common set of rules to clarify responsibilities of sellers (exporters) and buyers (importers) for the delivery of goods under domestic and international sales contracts.
- Apportion transportation costs and responsibilities associated with the delivery of goods between buyers and sellers and reflect modern-day transportation practices.
- Reduce the possibility for cross-cultural misunderstandings, contractual ambiguity and disagreements.
Well done to our International Business Development colleagues who keenly and very successfully participated in this latest AST continuing professional development training course opportunity!
