In this import management course, gain the fundamental knowledge of the international trade cycle.

• Learn how to plan for the importing of goods.
• The various documentation requirements.
• Factors influencing the costs and the risks involved.
• Understand the various role players.
• Methods of payment and the precautionary measures one can take.
• An overview of containers and types of shipping equipment.

International Trade:

The whole concept of international trade and its effects on the trade cycle and foreign currencies. The learner will be able to explain bilateral/multilateral trade agreements and the impact of imposing tariffs to imports.

ICC Incoterms ® 2020 Rules:

In-depth explanation of The Incoterms® used in the contract of sale effecting buyers and sellers risks and obligations.

Planning an Import Transaction:

Determine material needs and analyse overseas supply contracts in order to recommend alternative methods of shipment to the client. Learn how to submit applications regarding import control to the relevant parties. Communicate foreign exchange commitments to affected parties and learn how to obtain approval for forward cover where required.

International Trade Documentation:

The different areas of trade which are regulated, the bodies responsible and the actions required to comply with the different regulations.

Topics that will be covered during the course:

• Import Control/Indent
• Terms of Delivery - Incoterms(R)2020 Rules
• Financing and Payment
• Protection and Packing
• Shipping Services & Freight Rates
• Container Technology
• The Role of Forwarding & Clearing Agents
• Custom Clearance Procedures
• Port Facilities and Operations
• Terminals & Depots
• Marine Insurance
• Airfreight
• Road Transportation
• Online Examination

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