The Ministry for Arctic Development and Economy of the Murmansk Region, together with the ANO “Murmansk Region Export Support Center”, invites companies in the region to use a new free service from the Russian Export Center – the Incoterms® 2020 Constructor, available in the online library “Exporter Knowledge Base”.
This tool is designed to simplify the selection of delivery basis in international contracts. It will help exporters quickly determine the optimal delivery terms that meet their needs.
The user only needs to answer 4-8 simple questions about the mode of transport, type of cargo and distribution of costs and risks. Based on the answers, the system will automatically select the appropriate Incoterms® 2020 basis and provide detailed explanations, including:
· areas of responsibility of the seller and the buyer,
· stages of risk transition,
· responsibilities for insurance, customs clearance and payment of transportation.
The service allows you to combine different scenarios, which makes it flexible and convenient for both experienced exporters and companies just starting their foreign economic activity.
Let us recall that Incoterms® 2020 is a set of international rules adopted by participants in foreign economic activity to determine the degree of responsibility and distribution of expenses of the parties to the transaction. They define the rules of interaction between the seller and the buyer during the delivery of goods, cargo, and products.
If you have any questions, please contact the Ministry of Arctic Development and Economy of the Murmansk Region at: +7 (8152) 48-63-95 and the regional Export Support Center at: + 7 (8152) 56-79-97.
ANO "Center for Export Support of the Murmansk Region" provides services to small and medium-sized businesses in the region to enter exports and expand the geography of export deliveries with the assistance of the regional Ministry of Arctic Development and Economy.
