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

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Consulting Agency

UkrAgroConsult

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

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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

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