Federation of Chambers of
Commerce and Industry of Sri Lanka

Successful completion of Workshop on “International Contract of Sale and Documentary Credits” by FCCISL

The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) organized a Two Day Workshop on “International Contract of Sale in Practice and Documentary Credits”. The workshop was held on 21st and 22nd of May at the Sri Lanka Foundation Institute. It was participated by many leading Bankers, Exporters & Importers, Carriers& Freight Forwarders, Consultants and Academics in Trade Finance.

The workshop was organized by the FCCISL, the apex organization of chambers of commerce and business association, in collaboration with the Confederation of Asia Pacific Chamber of Commerce and Industry (CACCI). The FCCISL is the focal point for CACCI in Sri Lanka. .

The training was delivered by Mr. Pavel Andrle who is active and well established international trade finance specialist and senior tutor in the electronic Business School International. This is his 6th visit to SL and 3rd training programme conducted on this subject consecutively. The objective of conducting this two day workshop is to disseminate deep, focused and updated knowledge and techniques on international rules, standards and the practices of entire gamut of international trade finance among the target group.

In today´s open and competitive global economy, multiple economic factors such as import and export establishments, banks, insurance companies, freight forwarders, shippers, transporters, are increasingly engaged in the complex and interrelated world trade. The mere survival in increasingly competitive and complex world of commerce is highly depended on the ability of trade practitioners to engage effectively in import and export operations and allied fields.

The training provides a great knowledge and techniques which helps minimizing numerous risks involved in Foreign Trade. These risks can be effectively mitigated and many of them even fully or partially avoided, provided the practitioner is well aware of them and takes appropriate measures.