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ABOUT THE INSTRUCTOR - Welcome Back Frank! FRANK REYNOLDS is uniquely qualified to explain Incoterm® 2010 to Americans. He brought nearly 50 years of hands-on practical trade expertise to the 2000 and 2010 Incoterms revisions where he represented the United States. He is a member of the U.S. Council for International Business Banking Committee, and has been instructing trade-related topics for over 25 years. Frank has written twelve books on international trade related topics, including the A to Z of International Trade dictionary for the International Chamber of Commerce. His Incoterms® for Americans, now in its fourth revision, is a major reference for U.S. traders. He owns the “E Award” winning export-trading company, International Projects, holds a U.S. Customs broker license, and is a seventerm appointee to the Commerce Department’s District Export Council.
ABOUT INCOTERMS® 2010 Incoterms® 2010 came into force on January 1, 2011. It is the 8th Incoterms® revision since their inception in 1936. During its 2 ½ year revision process, international business and legal experts considered more than two thousand recommendations from many of the 130+ countries with which the International Chamber of Commerce has a relationship. The result is a vastly improved version, tailored specifically to the needs of users worldwide. American users have a particular stake in the Incoterms® 2010 rules. In 2004 the shipment and delivery terms formerly found in parts 2.319 through 2.324 of the Uniform Commercial Code were deleted. Free of the “FOB confusion” found in the old UCC terms, Incoterms rules make a logical replacement. Incoterms® 2010 rules are far more amenable to U.S. domestic use than any previous version. The changes are both sweeping and practical. This revision considers the post 9/11 cargo security regulations and new Institute Cargo Insurance Clauses. Delivery, so critically important for revenue recognition compliance, is also addressed in far greater detail. This full-day seminar provides the information and materials you need to use these improved Incoterms® rules to your advantage.
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TIME: 8:00 AM Registration & Refreshments Visit & bid on Silent Auction Items
8:30 AM PROGRAM Noon: Lunch (Included) 1:30 PM PROGRAM RESUMES 4:00 PM Seminar Concludes - Award winning auction bids Thanks to M.E. DEY & COMPANY, INC for sponsoring refreshments at this meeting!
MEETING FEES: $60.00 per person ICE Group & MWTA Members $195.00 per person all others Includes refreshments | lunch | comprehensive seminar notes PUBLICATIONS AVAILABLE: We have the ability to order these books in advance at a discounted price for delivery at the meeting. Orders must be received by 11/5/11 to receive these prices: “Incoterms® 2010” (An ICC publication) - $57. “Incoterms® for Americans” by Frank Reynolds - $45.
WHO SHOULD ATTEND? • Exporters & Importers • Credit & Compliance professionals • Sales & Purchasing managers • Forwarders & Carriers • Customs brokers • Insurers, Trade Consultants • International Bankers & Attorneys
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THE ICE GROUP INTERNATIONAL STUDIES SCHOLARSHIP SILENT AUCTION will be conducted at this meeting. The reservation form will offer you an opportunity to donate items and options for delivery. Please support this effort through a donation and/or by attending the meeting to bid on very desirable and interesting (to say the least) items. An excellent all-day program & an opportunity to benefit a worthy cause—scholarships for our international study students! Download the information and read about all the exciting details.
ATTENDANCE AT ICE MEETINGS IS OPEN TO OTHERS AT YOUR COMPANY.
Please make this notice available to your colleagues and business associates. Business casual is appropriate for this meeting. Detailed directions will be provided with confirmation to attendees. Questions, please contact Dianna at Wisconsin Credit Association – 262.827.2880 Extension 225
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