Changes in Incoterms (Webinar)

Incoterms, the world’s essential terms of trade for the sale of goods, have not been updated since 2010. DIFC Academy in partnership with LexisNexis Middle East and Hamdan AlShamsi Lawyers & Legal Consultants will host a training session on Incoterms. During this training session, our expert on international commercial terms will assess the degree to which these rules have changed, and the impact that these changes will have on both commercial and banking lawyers. Topics to be discussed include:

• An overview of Incoterms
• Changes to the provisions regulating Incoterms
• Potential changes which may occur as a result of these provisions

The training session will be divided in two parts:

Part 1:

• FCA, FOB and Bills of lading
• Insurance in CIP/CIF
• Renaming of DAT to DPU
• Customs Clearance

Part 2:

• Security in relation to transport
• Clarity on breakdown of cost allocation
• Relationship between Incoterms and International commercial contracts
• Comparison to obligations between 11 Incoterms

 

SPEAKER:

Helen Tung

Barrister & Senior Associate

Hamdan AlShamsi Lawyers and Legal Consultants

Helen Tung LLB (Hons) is a UK trained Barrister with 11 years of Post qualification experience. She works in the DIFC department at Hamdan AlShamsi Lawyers and Legal Consultants, specialising in commercial disputes including banking, bankruptcy, construction, and shipping.