TFG heard from ICC Austria’s Trade Finance Week, in an update around Letters of Credit and Incoterms, the problems, challenges and opportunities. Featuring Bob Ronai and Hugo Verschoren
The Buyer’s Request for Quotation (RFQ) and the responding Seller’s Quotation (QTO) need not be a kabuki dance event that only creates the appearance of engaging in a transaction.
Trade in much of the emerging and developing world, notably to, from and within Asia, but what does this mean for Incoterms Rules?
A Commentary on Incoterms Rules 2020 – short version – now released!
There is no doubt that the new Incoterms® 2020 are very usable in the context of trade within the Europe/Central Asia land mass and transported by land, just as the 2010 and earlier versions were.
We spoke to Ronan Quigley from the British Chambers of Commerce during the World Trade Summit on 23rd October at The Law Society in London. The event took place amid growing speculation about the prospects of a winter General Election, following the Government’s defeat to its proposed timetable for the passing through of its EU Withdrawal Agreement Bill. Ronan gave us an overview of the support landscape for UK businesses, post-Brexit and discussed the new version of the Incoterms.
Trade Finance Global spoke to Chris Southworth, Secretary General of the ICC United Kingdom, and Lesley Batchelor OBE, Director General at the Institute of Export and International Trade about Incoterms® 2020 and what this means for businesses in the United Kingdom
With the UK and EU yet to reach an agreement on their future trading relationship, it is vital goods vehicle operators are as prepared as possible for a No Deal Brexit. In this scenario, new border procedures and haulier responsibilities will come into effect immediately. Hauliers must ensure they fully understand the new road haulage procedures, documentation requirements and responsibilities that will arise; otherwise, they risk their operations coming to a standstill.
Trade Finance Global are delighted to announce a media partnership with the ICC United Kingdom at their Trade & Supply Chain Finance Conference on the 14th November.
