Commodity Contracts (GPD) l 13-14 May 2021 l Athens, Greece

This two-day training course is designed to give attendees an in-depth understanding of contracts in the commodities sector. Delegates will study both general industry and Gafta specific contracts, including their formation, terms and the process associated with commodity contracts.

*The language of this course will be English*

The course is part of the Gafta Professional Development (GPD) programme, which enables trade professional to advance their careers in the industry by taking the Trade Diploma and potentially going on to become Gafta Arbitrators.


This course is designed to maximise industry networking opportunities. Tickets include admission to a drinks reception and attendees will have a chance to work together in groups throughout the course.

Please note: if you have booked for this training course, a complimentary ticket to the networking reception on the 13th May is included in your booking.

To find out more about the networking reception CLICK HERE.

Topics include:

  • Contract formation
  • Types of contracts
  • Key terms
  • Letters of credit
  • Supervision, sampling & analysis
  • Force majeure and other exceptional circumstances
  • Default and calculating damages


At the end of each GPD course is an exam, which students have up to 1 hour to complete.

The exam is a mixture of multiple choice and free-text questions. There are no essays required within the exam. It is open book, so students can use all their notes and course materials to help them complete it.

Should a student fail, they will get 1 chance to retake, which can be done online. Retakes must be completed within 5 days of the link being issued. Failure to pass the retake means that the student has failed the course and is advised to re-book onto the next date.


Candidates who pass the exam will gain a certificate for the course. There are no certificates of participation/attendance for GPD courses, only for students who pass the exam.

Exam results are usually issued within 1 week of the course.

Exam rules

  • Must be completed in silence
  • Maximum of 1 hour to complete
  • Only 1 paper per student
  • Only 1 retake per student


Students discovered conferring during the exam, or papers received which are identified as copies will receive an automatic failing grade for their paper and be required to re-rake the exam.

Who should attend?

This course is aimed at trade professionals who:

  • Work with and need to understand, trading contracts and their firm’s obligations under them.
  • Have attended Gafta’s Trade Foundation Course who want to take their industry training to the next level will also find this course helpful.

The dresscode for Gafta training is smart-casual. Suits are not required.


To book for this event, please log in to the website and click the ‘Book’ button at the bottom of this page.

If you aren’t already registered on the Gafta website, please click ‘Register’ above, fill out your details and then email your interest in this event to events@gafta.com.

*This event is open to members and non-members of Gafta*


  Member Non-Member
Early-Bird £695.00 £1,025.00
Standard £750.00 £1,075.00

*Early-Bird rate available until February 26th 2021*


Location & other logistical queries: Megan Smart
Programme queries: Cairo Okba

Terms & Conditions

Please note: Registration at this event does not include accommodation or travel. Attendees are expected to arrange and meet these costs independently.

Statement regarding Coronavirus

Gafta takes the safety of all our delegates and visitors seriously. We advise all delegates and visitors to follow the latest government-issued advice.

Link to UK Government advice page: https://www.gov.uk/guidance/wuhan-novel-coronavirus-information-for-the-public



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