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Import/Export Business & International Trade

This two-day seminar covers the most important items of the Import/Export Business and International Trade Operations.

Objective

This seminar is designed to give participants an overview and an in-depth understanding and knowledge of import/export procedures, international trade terms, the uses of shipping documents, different aspect of cargo insurance, and letter of credit practices. This seminar aims to provide both the practical and theoretical aspects of the latest and the most effective ways doing import/export.

Outline

1) International Trade Terms(Incoterms 2020)
* Meaning of EXW, FCA, FOB, CFR, CIF, etc…
* How to do quotation and prevent losses
* Using the latest terms to your advantage
* How to choose the right terms
* Incorporation of the trade terms into Contract

2) International Shipping Documents
* Importance and proper uses of documents
* Understanding B/L and AWB and its implications
* Operation of Packing List & Invoice
* Certificate of Origin – uses and applications
* How to apply for Shipping Guarantee

3) Cargo Insurance Policy
* Reasons for cargo insurance
* Changes in the insurance policy
* The Institute Cargo Clauses
* Exclusion Clauses
* Claims Procedures
* Documentation of claims

4) Letter of Credit
* Applications of DA and DP
* Types of payment in international trade
* Step-by-Step operation of L/C
* Types of Letter of Credit

5) Import/Export Procedures
* Import procedures for air and sea
* Export procedures for air and sea
* Customs procedures and inspection
* Documentations needed for the procedures
* Clearance of cargo from seaport and airport

Who should attend

Shipping personnel, sales & marketing staff, freight forwarder, banker, trader, importer/exporter, businessman, and those keen in upgrading their knowledge in international trade.

Profile of William Goh

William Goh (PhD, MSc, BBus[Tpt], Diploma in Shpg Mgt, MCILT, MISM, ND), has more than 40 years of experiences in the areas of import/export, law of international trade, shipping, logistics, distribution, warehousing, inventory control, containerization, port operations, cargo insurance & claims, air & sea freight forwarding, ship chartering, trade documentation, international trade banking & financing, and supply chain management.

As a businessman, Dr. Goh has done import/export and international trade businesses with over 80 countries all over the world. He has also travelled to more than 75 countries.

An author of 8 shipping and logistics books and with more than 30 years of teaching and lecturing experiences, he has conducted hundreds of seminars and workshops in shipping, logistics, international trade, import/export operations, Banking and Letter of Credit, cargo insurance, and trade negotiation both in Singapore and overseas. As to this date, Dr. Goh has trained more than 35,000 participants.

He has provided training to institutions such as Singapore Manufacturers’ Federation, Singapore Business Federation, various Polytechnics, People’s Association, Universities, Impact Seminars, YMCA, Statutory board, banks, and many others. He has also provided in-house training to more than 60 companies locally and in overseas. Examples of such companies include Intraco, Thomson Consumer, Singapore Technologies, Kerr-Mcgee, Chartered Materials, Wan Hai Lines, Sony International, Baker Oil Tools Asia, Johnson Pacific, SKF, Captronics, Warsitla, Borax, ASM Electronics, Creative Technology, EFFEM Food, Borax, Riverchell International, Crimsonlogic, Jurong Hi-Tech, MTU, Tyco Electronics, International Factors, Carl Zeiss, Atofina, and many others.

Dr. Goh is currently an import/export consultant in import/export, international trade and logistics.