Press-release		Oct. 13, 2009
International practical Conference “PRINCIPLES OF TRADE FINANCING UCP-600 IN THE CURRENT ECONOMIC CONDITIONS”, with participation of one of the UCP-600 founders Harry Collier

Program |  Partners |  Participants  |  Photo

Questions of financial security of bargains and mechanisms of maintenance of the obligations execution are getting the high importance now.
In modern conditions the production exporters more that before need the banks tools of external trade maintenance. The enterprises – participants of external economic activities have to revise the conditions of work even with traditional partners and to enter the additional tools to guarantee the receipt of export earnings.
Current features of economic development increase the demand on documentary credits and their confirmation.  

The Conference Organizers aims to provide to the market participants the finance tool, which had been changed under the influence of: fast development of technology and communications, appearance of new kinds of international transportations, and the worsening economic situation in the world.
All mentioned entails the essential changing in rules of international trade and influence on banking practice of international payments, which make essence of the specified problem. Underestimating of the importance of this circumstance can cause the loss of foreign exchange earnings, disputes with contractors, incorrect construction of financial planning, and non-use of trade finance opportunities.

Aims of the Conference:
Enhancing of professional knowledge and exchange of advanced experience on service of the external economic contracts and civil-law relations under condition of use of documentary credits.

Who will be interested:

• Managers, financial directors, lawyers of companies managing the external economic activity;
• Banks and insurance companies;
• Law companies managers, practical lawyers, custom brokers;
• Representatives of transport and logistic companies.

The Conference will be interesting for participants by:

• Obtaining information about the UCP 600 from the «primary source» - one of the authors of the rules set;
• Exchange of opinions of the leading Ukrainian and international experts about the practice of usage of UCP 600 in the current situation;
• Development of practical knowledge in sphere of service of foreign trade agreements using the documentary credits.

All the participants will get:

• Book, published specially for the Conference, which includes the rules of documentary credits, arbitration practice of their usage, recommendations of National Bank of Ukraine and independent auditors, examples of typical documents;
• Certificate of participant of the International practical Conference “principles of trade financing UCP-600 in the current economic conditions”.

For Members of ICC Ukraine - 10% discount.

_________________________________________________________________________

For more information, please contact project manager Elena Kurashova: kurashova@ch.kiev.ua

Informational support