Professional Certificate in Foreign Trade: Objectives

1. The nature of exporting and difficulties that may arise
2. Import/Export transactions, difficulties with them and how to overcome these challenges
3. Different types of documents used in Foreign Trade, which documents usually require customs, requirements for the various documents and how to fill in these documents correctly
4. Responsibilities of the exporter and importer under Incoterms and how Incoterms® 2020 are used in International Trade transactions
5. International contracts used in International Trade transactions
   1. Religion and international contracts
6. To understand the key concepts related to Trade in Services: modes of supply, most-favoured-nation, liberalization, market access, and lists of commitments
7. Role and functioning of customs and customs agent.
   1. To become familiar with import procedures
   2. To learn about the different customs procedures, the methods of product classification and learn to complete the customs documents
   3. To understand the role of the World Customs Organization and the World Trade Organization (WTO)

1. The various methods of payment used in International Trade and outlining their differences, advantages, and disadvantages both for the importer and the exporter.
   1. What Documentary collections are and how they work
   2. Export and import Collections
   3. Importance of Documentary Credits in International Trade
   4. How Documentary Credit works and the obligations of the involved parties
2. The various methods of finance both for exports and imports.
   1. Fundamentals of foreign exchange market
   2. Different types of bonds and guarantees and how they operate
   3. Various methods of managing foreign exchange and country Risk
   4. Forward exchange contracts and currency options will be examined in greater detail
   5. Forfeiting, Factoring, and Invoice Discounting will be analyzed

Introduction to Trade Facilitation programs.

1. Trade Facilitation Agreement
2. Convention Harmonization of Frontier Controls of Goods
3. Trade Negotiations Among Developing Countries
4. Global System of Trade Preferences (GSTP)

To know how to identify and distinguish Non-tariff Measures (technical and non-technical) in Foreign Trade.

1. Technical Barriers to Trade
2. Sanitary and Phytosanitary Measures
3. Pre-shipment Inspection
4. Anti-dumping Measures and Safeguards
5. Import Licensing and Quotas

The importance of a correct logistics and transport management for International Trade.

1. To analyze the modes of transport (marine, Air, road, train, multimodal) and their characteristics as well as transport documents required for each mode of transport and how to complete them
2. To understand the functioning of Marine transport, documents required for Sea freight and how to complete them
3. To familiarise the student with the different types of packaging, packaging materials, pallets and containers utilization, packing marks, modes of transport and packaging, and the criteria to be used when selecting an appropriate packaging for particular shipments

Each subject of the Postgraduate Professional Certificate (PGCert) in International Trade (Incoterms® 2020, International Logistics, customs, documents, contracts...) has exercises that are evaluated, which the student must work out and pass to obtain the Certificate.

The important thing is to learn!

1. Career opportunities related to the Postgraduate Professional Certificate (PGCert) in International Trade
2. Doctorate in World Trade