Black Sea Grain & Oil Trade-2020: GAFTA will hold the seminar “78UA: new rules for CPT/DAP market”

On September 3, 2020 GAFTA will hold a Seminar “78UA: new rules for CPT/DAP market” within the International Conference ‘Black Sea Grain & Oil Trade-2020’. Intermediate difficulty. Participation is free for the conference participants. Participation fee for non-delegates is 550 UAH. Payment can be made on the spot before the start of the seminar.

SEMINAR PROGRAMME:

15:00 – 15:30 INTRODUCTION TO GAFTA 78UA

• Ukrainian realities. Differences from GAFTA 78. Why the changes were required.
• Main clauses of GAFTA 78UA.

15:30 – 16:45 NEW AND KEY CHANGES IN THE CONTRACT GAFTA 78UA

• Delivery by road.
• Delivery terms: changes and new terms (DAP, DAT). Impact on quality and delivery clauses.
• Deadline for submitting despatch instructions by the Bayers. Consequences of the failure.
• A point and a place of quality and quantity “finality”.
• Definition of delivery terms.
• Reference to the dispatch/delivery to be in approximately evenly spread quantities throughout the Period of Despatch / Period of Delivery. Minimization of the parties’ abuse.
• Notice of Despatch.

16:45 – 17:00 Q&A

Registration

Be reminded that International Conference «Black Sea Grain & Oil Trade-2020» will be held on September 2-3, 2020 in Event Hall Obolon, Kyiv, Ukraine.

Registration

Advertising option

The Conference is organized by UkrAgroConsult. General Sponsor of the Conference – ACTAVA TRADING, Exclusive financial Sponsor – Credit Agricole, Official Sponsors – SIERENTZ, MPOC. Sponsors – Nibulon, StoneX Group Inc. The Conference is supported by GAFTA, Ukrainian Grain Association and Ukroliyaprom Association.

UkrAgroConsult