News and Events

Incoterms and Export Licence Controls

Incoterms and Export Licence Controls

Monday, 04 February 2019

Time: 9:30-16:30

Location: Bedfordshire Chamber of Commerce 

This is your opportunity to understand fully the comprehensive aspects of International Commercial Terms “Incoterms”. If you do not know your DAP from your DAT, or get confused over FOB versus FCA; then this is the course for you. We’ll guide you through each of the Incoterms, explaining the costs involved, and whether these should be met by the Seller or the Buyer. We’ll identify the transfer of risk points for each of the 11 Incoterms, and clarify the issue of Insurance. We’ll then enter the world of Export Licence Controls, explaining the roles of BIS (Business Innovation & Skills) and their SPIRE system. Whether you are selling goods designed for Military use, or Dual‐use items : or whether you are not sure (!), we’ll explain the classification process, and the importance of End‐User Undertakings. Export Licence rules do not only cover the physical movement of goods, but also encompasses software, technology, irrespective of whether or not the goods are departing from the UK.

Topics Covered:

  • Incoterms 2010 in depth: EXW, FAS, FCA, FOB, CPT, CFR, CIP, CIF, DAT, DAP, DDP.
  • Delivery & transfer of risk
  • Cost build up
  • Insurance IssuesExport
  • Licences & the SPIRE system
  • BIS (Business Innovation & Skills) ECO (Export Control Office)
  • Different types of Licence
  • End User Undertakings

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