Posted: 2 weeks ago

Infrastructure Construction Companies Association and TBC Hosted Incoterms 2020 Online

The Infrastructure Construction Companies Associaton (ICCA) and TBC hosted a webinar, in which they discussed the matters of International Commercial Terms.

Incoterms - International commercial terms and conditions are published by the International Chamber of Commerce (ICC) and are widely used in international commercial operations. The rules of incoterms determine party duties, the risks and costs management during the transportation of goods.

Webinar was attended by construction companies that are actively working on implementing infrastructural or private projects.

"Our team's success in trade finance has led to selecting TBC to present the webinar. TBC's market share in trade financing is 51.2%. During the years, TBC has been cooperating with all major international banks and financial institutes and within the frameworks of this partnership, costumers have been offered by numerous products and services. Global finance, which is an international financial journal, named TBC as the best provider of 2020. Euromoney also selected TBC as a market leader and the bank which has the best services.", declared Tamar Khizanishvili, director of trade and structural financing department.

Webinar was moderated by Tamar Gugushvili - Head of Trade Finance & Documentary Operations Unit.