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.
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
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.
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.
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