Facilitating Trade: Incoterms 2010 Published in Afghanistan

13.12.2018
Today, Afghanistan’s International Chamber of Commerce (ICC Afghanistan) published the International Commercial Terms (Incoterms 2010) in Afghanistan. The terms are a global standard for the most common terms used in trade to avoid legal uncertainties and misunderstandings. More than 200 guests, male and female, attended the launch event in Kabul, including high-profile Afghan officials such as the Minister of Industries and Commerce, the Minister of Economics, the Minister of Higher Education and Kabul University’s Chancellor as well as relevant stakeholders. The Afghan-German Cooperation’s programme Sustainable Economic Development and Employment Promotion (SEDEP) facilitated the launch of Incoterms 2010 in Afghanistan.

Facilitating Trade: Incoterms 2010 Published in Afghanistan

“The Incoterms rules are intended primarily to clearly communicate the tasks, costs and risks associated with the transportation and delivery of goods. ICC Afghanistan is the only authorized distributor of ICC Publications and rules in Afghanistan.” Abdul Qadir Bahman, Secretary General of ICC Afghanistan said

 

Incoterms 2010 are a set of rules that defines buyers’ and sellers’ responsibilities for the delivery of goods under sales contracts and are published by the International Chamber of Commerce (ICC). The United Nations Commission on International Trade Law recognises these rules as the global standard for the interpretation of the most common terms in foreign trade. Worldwide, governments, legal authorities and practitioners adhere to these terms and use them for commercial transactions to avoid or remove uncertainties in trade. More than 2000 copies of Incoterms 2010 were distributed to the audience during today’s ceremony.

“Improvement of business enabling environment in the agrobusiness sector improves the competitiveness, reduces unemployment and creates sustainable economic growth.” Robert Glass, Deputy Director of SEDEP said.

Afghan law firms, private companies and other stakeholders shall use Incoterms 2010 when drafting standard commercial contracts to avoid potential trade disputes. That shall facilitate trade with third states, promoting Afghanistan’s sustainable economic development. University students, lecturers and researchers at business and economics faculties will also benefit as they now have access to up-to-date information on standard international trading rules. Students can use this knowledge when embarking in their professional career, improving their employability.

Last November, ICC Afghanistan already conducted two training courses on Incoterms 2010 in Kabul and Balkh that aimed at improving participants’ knowledge of international trade terms. The Afghan-German Cooperation facilitated the activities. In total, 100 people, including 35 females consist of actors in agricultural value chains as well as representatives of small and medium-sized enterprises and business associations learned about incoterms 2010.

 

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements the programme Sustainable Economic Development and Employment Promotion (SEDEP) on behalf of the German Federal Ministry of Economic Cooperation and Development (BMZ). The programme aims at creating new jobs and income opportunities for all Afghans. Activities focus on five value chains, including nuts, dairy, poultry, wheat and vegetables. Between 2014 and 2016, SEDEP has organised agricultural training courses for almost 23,000 Afghans, covering cattle management, controlled breeding and seed production. In addition, from 2015 to 2016, more than 6,700 long-term and more than 6,000 seasonal jobs have been created and incomes of employees, including 43 % women, have increased by 30 %.

 

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