Join Gafta’s Commodity Contracts Course, a cornerstone of our Professional Development Programme
Designed for professionals involved in the international trade of grains, feed, pulses, rice and spices. Led by industry experts, this intensive course provides a deep understanding of Gafta standard forms of contract, their structure, application and interpretation. Participants will gain practical insights into contract performance, risk management, , and best practices essential for success in the global commodities market.
Why Attend?
- 📘 Learn from industry leaders: gain first-hand insights from professionals who live and breathe international trade
- ⚖️ Master Gafta contracts: understand how to apply and interpret confidence
- 🌍 Expand your network: connect with peers, traders, and legal experts from across the global commodities community
- 🏅 Earn recognition: receive a Gafta-accredited certificate upon completion
Who Should Attend?
Ideal for traders, brokers, shipping, execution and legal professionals, and anyone seeking to enhance their understanding of Gafta contracts and the mechanics of international commodity trade.
🌾 Topics Covered
Deepen your understanding of Gafta contracts through a series of expert-led sessions designed to build confidence and practical skills across every stage of international trade:
- ✍️ Contract Formation: Learn how Gafta contracts are created, negotiated, and made legally binding
- 📄 Types of Contracts: Explore the full range of Gafta standard forms and discover when to use each effectively
- 🔑 Key Terms: Break down the essential clauses and terminology that define every Gafta agreement
- 💳 Letters of Credit: Master the principles of Letters of credit and Cash against Documents, ensuring secure and seamless international payments
- 🧪 Supervision, Sampling & Analysis: Understand how quality control, testing, and inspection protect both buyer and seller
- 🌪️ Force Majeure & Exceptional Circumstances: Learn how to manage unforeseen events and safeguard contract performance
- ⚖️ Default & Calculating Damages: Gain practical insights into handling breaches and determining fair compensation under Gafta rules
Exams
• There are 2 exams as part of this training course
• Students must pass both exams in order to gain a certificate
• The pass grade is 65%
• Results are sent 2 weeks after the course closes
• Failing students will be allowed 1 x retake within a specified timeframe
• Students discovered conferring during the exam, or papers received which are identified as copies will receive an automatic failing grade
