Awareness on incoterms vital - BoC official
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