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Awareness on incoterms vital - BoC official

Jan 30, 2011 7:00:00 PM - aussieindolanka.com
Sri Lanka needs to improve awareness on International Commercial terms (Incoterms) to facilitate trade industry, an expert said. Bank of Ceylon (BoC) Corporate Branch Trade Division last week held a seminar on recent changes on Incoterms for its customers in Colombo. The speaker at the seminar was BoC Trade Services Chief Manager Ranjith Haputhanthri. International Commercial terms (Incoterms) are a series of international sales with terms, published by International Chamber of Commerce (ICC) and widely used in international commercial transactions.   Read more:www.dailynews.lk/2011/01/31/bus03.asp