International Trade

Latest Training & Events

Kent Invicta Chamber of Commerce offers a wide range of international trade training courses for members and non-members

ABOUT

WHY DO I NEED TRAINING?

Kent Invicta Chamber of Commerce has a number of nationally accredited international trade courses delivered by the Accredited Chamber Network that together form an import and export curriculum.

These courses give international traders the essential skills invaluable to small and large businesses alike.

During each course the candidates must demonstrate knowledge of the subject, and their performance is marked by an external assessor.

TRAINING COURSES

If the below local event dates don't work for you, take a look at our National Events programme which can be found here www.chambercustoms.co.uk/trainingcoursescustoms


Rules of Origin and
Preference in International Trade

Time: 9:30am - 1:00pm
Location: Online
Price: Members: £56.25 + VAT
Price: Non-Members: £67.50 + VAT

Rules of Origin, their relationship with Cumulation, Long Term Supplier Declarations, are at the forefront of trade procedures because of many changes brought about by the UK exit from the EU Customs Union. Trade agreements and preferential trade arrangements are a constantly changing process.

Understanding Rules of Origin and their effect on international trade is an important part of modern trade. Staying in touch with the changing landscape for trade agreements is also a priority for companies involved in international trade. As a result of the end of the UK EU transition period many more companies have become importers or exporters and are having to consider these rules of origin for the first time. From January 2022 these become more important because Customs rules will now be more strictly interpreted.

This course is designed as an introduction to the main terminologies and customs procedures for successfully negotiating this subject and will consider the relationship between tariff classification and correctly documenting export or import consignments.

By the time the course is completed, you will…

  • Appreciate when and why to use a Certificate of Origin
  • Understand the importance of other origin documents
  • Appreciate the percentage rules for origin and understand why product transformation is a key consideration

INCOTERMS 2020 Revision For Exporters and Importers

Time: 9:30am - 1:00pm
Location: Online
Price: Members: £56.25 + VAT
Price: Non-Members: £67.50 + VAT

Brexit has changed the way we need to consider delivery terms for international trade with the EU. As international trade increases and becomes more complex with the rest of the world as well as Europe it is becoming more important to understand universally accepted rules. We shall be looking at the whole international trade function in respect of INCOTERMS 2020.

This course serves well as a complete guide to all eleven recognised INCOTERMS as designed in 2019 and effective from January 2020. Delegates will be given a complete description of the risks and responsibilities for buyer and seller, of each one of the terms and an explanation of the practical and legal reasons for use.

It provides a useful revision opportunity for experienced staff as well as those new to the shipping or export office and will be particularly relevant to businesses that are now exporters or importers for the first time due to the end of the EU transition period.

By the end of this course delegates will be able to:

  • Understand why INCOTERMS were created and their purpose.
  • Understand the definitions of the INCOTERMS rules.
  • Appreciate the VAT implications of the use of each term.
  • Understand the effect of each INCOTERM on the export or import quotation.
  • Appreciate the legal obligations of each INCOTERM as they relate to transport and handover/ownership of cargo.

With our location in mind, attention in detail is paid to requirements to facilitate trade with Europe, though not to the exclusion of the rest of the world.

BOOK HERE: THURSDAY 27TH JANUARY 2022

Letters of Credit Demystified

Time: 9:30am - 1:00pm
Location: Online
Price: Members: £56.25 + VAT
Price: Non-Members: £67.50 + VAT

Letters of Credit allow shippers/exporters to send cargo confident in the knowledge that documents of title will not be released prior to payment being secured.

Similarly, consignees/importers can be confident that payment will not be released until all transaction conditions have been met. A Letter of Credit is a conditional guarantee of payment and yet, up to three-quarters of initial documentary presentations in the UK are discrepant meaning that the guarantee may no longer apply, or that costly amendments may become necessary.

We shall be looking at the whole export and import function of Letters of Credit. This course serves well as an introduction to Documentary Letters of Credit but can equally be used as a revision opportunity for staff who need to bring themselves up to date. In a changing market, it can also provide a very useful overview of staff responsibilities for senior management. The course takes account of the 2020 INCOTERMS revisions and how they will be best incorporated into documents by openers or influenced by beneficiaries. For those companies supplying overseas or buying from an EU origin the course takes account of the constantly evolving post Brexit situation.

By the end of this course delegates will be able to:

  • Positively influence the decisions relating to documentary requirements instructed by overseas openers of Letters of Credit.
  • In the case of UK importers, open Letters of Credit in the manner most secure and in the safest interest of the importing company.
  • Understand the whole procedure from opening through to negotiation of presented documents.
  • The vast variety of terms used such as drafts, bills, sight, usance, etc. will be explained in plain English. Delegates should leave the course feeling that the whole subject of Letters of Credit truly has been demystified!

Introduction to Export Procedures and Documentation

Time: 9:30am - 1:00pm
Location: Online
Price: Members: £56.25 + VAT
Price: Non-Members: £67.50 + VAT

Your company’s success in export markets depends upon the knowledge and expertise of the export staff and their competence when dealing with your customers, bank and freight forwarders.

The course creates and develops that competence. It gives a complete description of the documentation requirements, creates competence and proficiency through clarifying and educating on any export document. It provides a useful revision opportunity for experienced staff as well as being very useful training for those with a basic grounding in the shipping or export office.

By the end of this course delegates will be able to:

  • Produce Export Documentation.
  • Identify sources of international information and assistance.
  • Identify each mode of transport and consider their various advantages and disadvantages.

With our location in mind, attention in detail is paid to new requirements to facilitate trade with Europe, though not to the exclusion of the rest of the world.

The course includes an awareness section on the new Customs Declaration Service (CDS) which is replacing the existing CHIEF system for import and export entries to HMRC.


Introduction to Import Documentation and Procedures

Time: 9:30am - 1:00pm
Location: Online
Price: Members: £56.25 + VAT
Price: Non-Members: £67.50 + VAT

Importing is an integral part of international trade with greater volumes involved than in the export market. As a result of the end of the UK EU transition period many more companies have become importers for the first time.

This course is designed as an introduction to the main documents, terminologies, customs rules and procedures for successful importing. It will include a summary of INCOTERMS 2020 used for international trade consignments.

The challenges in avoiding costly delays at the point of import will be a key aspect, and some of the Import Duty Reliefs will be highlighted. If you are new to importing, or perhaps only just dealing with your first few orders or enquiries, this course is designed for you. Staff with a greater level of experience may well find this is a concise and useful revision in just one morning.

This import procedures course will address many aspects of finance and documentation and consider their relationship in order that supply chains can be operated smoothly. Many companies are using imported raw materials or re-exporting imported goods after a process.

Correct Use Of Tariff Classifications. Including Importer And Exporter Obligations

Time: 9:30am - 1:00pm
Location: Online
Price: Members: £56.25 + VAT
Price: Non-Members: £67.50 + VAT

Quotations for an export supply and the preparation of Pro-Forma invoices which can eventually be a main constituent part of long-term trading commitments, not just of one-off orders, are an area where exporters can sometimes cause themselves problems. And the pro-forma invoice can be the basis for a Letter of Credit goods description making it potentially the most important document in a series.

There are many steps in the supply process, all of which contribute to the eventual cost which should be covered by a comprehensive quotation. Just as important is using the correct tariff code for imports or exports. This is the joint responsibility of both the exporter and the importer. The tariff code dictates the amount of duty payable and can lead to retrospective claims by Customs if incorrect. By the same token it is easy to pay too much, by applying an incorrect code.

In each of the above circumstances it can be very costly if insufficient attention is paid to getting things right. The course will look at the process for determining the code that fits the product and for obtaining binding decisions in order to avoid disagreements and will go through the quotation process in considerable detail so that practitioners have a thorough view of what the requirements are.

Suitable for staff involved in export or import in manufacturing and supply, as well as shipping, logistics and related activities.

IN-HOUSE TRAINING

ABOUT GRAHAM CARD
M I Ex (Grad), A B F A dip, A M C I L T, F R G S

Companies are increasingly seeking in-house training for its flexibility, convenience and cost-effectiveness.

Employees and organisation achieve their goals and receive a strong return on investment.

  • Convenience - as timings are suited to your required dates
  • Less Disruption - to work schedules
  • Confidentiality and Direct Relevance - to company needs
  • Value for Money - as the charges are per event rather than per person
  • Time Savings - all the work involved in designing the training activity

If you would like to find out more on what we can offer, please email events@kentinvictachamber.co.uk

Graham is a graduate of the Institute of Export and International Trade, holds the diploma of the Asset Based Finance Association, is a member of the Chartered Institute of Logistics and Transport as well as the Financial Intermediary and Brokers Association. His career spans UK and international trade and commercial trade finance. Core experience is in supply chain logistics, letters of credit and trade documentation together with sales and sourcing of the most appropriate finance facilities for UK as well as import and export situations.

International trading companies retain Graham as an external source of advice and assistance, in some cases outsourcing part of their international trade function.

Training is provided on a wide range of international trade documentation and logistics, as well as finance disciplines. If you have attended one of Graham’s courses, you should always feel free to make contact to resolve queries or seek advice or assistance.

g.card@corporateliquidity.com

BROUGHT TO YOU BY

BROUGHT TO YOU BY


Kent Invicta Chamber of Commerce
Ashford Business Point, Waterbrook Avenue, Sevington, Ashford, TN24 0LH
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