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    Commodity Contracts, Istanbul, 6-7th April 2027

    06-07 Apr 2027
    • Overview
    • Topics
    • Exam
    • Prices

    Looking to Strengthen Your Understanding of Commodity Contracts?

    The Commodity Contracts course is the second stage of the Gafta Professional Development (GPD) Programme and provides an in-depth exploration of Gafta contracts and their practical application within the international agricultural commodities trade.

    Building on the foundations established in the Trade Foundation Course or Trade Basics Online, this course examines the contractual journey from formation through to performance and dispute resolution. Participants will gain a deeper understanding of key contractual terms, obligations, risks and potential pitfalls, helping them to minimise errors and make informed commercial decisions.

    Successful completion of the course allows participants to continue their progression through the Gafta Professional Development Programme, supporting future development towards the Trade Diploma and Arbitrator Diploma.

    The course is delivered in English.


     Course at a Glance

    • Format: In-person training
    • Duration: 2 days
    • Location: Istanbul
    • Prerequisite: Trade Foundation Course or Trade Basics Online
    • Assessment: Two examinations
    • Certificate: Awarded upon successful completion
    • Registration deadline: One month before the course start date

    Who Should Attend?

    This course is suitable for:

    • Trade professionals who have completed the Trade Foundation Course or Trade Basics Online.
    • Individuals seeking a deeper understanding of Gafta contracts and contractual obligations.
    • Professionals involved in contract administration, trade execution, operations or compliance.
    • Individuals looking to reduce contractual risk and strengthen their commercial decision-making.
    • Those progressing through the Gafta Professional Development Programme.

    What You'll Gain

    By completing this course, you will:

    • Understand how Gafta contracts are formed and performed.
    • Develop a detailed understanding of key contractual terms and obligations.
    • Recognise common contractual risks and how to mitigate them.
    • Understand the practical application of force majeure and default provisions.
    • Gain insight into damages calculations and dispute scenarios.
    • Build confidence when working with contracts within the agricultural commodities sector.

    Commodity Contracts Class Photo Delegates learning at Commodity Contracts Course Class photo at Commodity Contracts Course

    97% delegates would recommend this course

    "If you work in the grain trade, this is a course you should take. The training provided valuable knowledge that I was able to apply directly to challenges I encountered in my day-to-day work."

    "A well-organised training course with knowledgeable speaker and valuable insights. I would recommend!"


    Important Booking Information

    Registration closes one month before the course start date.

    Places are limited and registrations cannot be accepted after the booking deadline. Early booking is recommended to avoid disappointment.

    Book Now

    The Commodity Contracts course provides an in-depth understanding of Gafta contracts, helping participants develop the knowledge needed to manage contractual obligations, identify potential risks and support effective decision-making within the agricultural commodities trade.

    Participants will explore:

    • Types of commodity contracts
    • Contract formation and validity
    • Key contractual terms and conditions
    • Rights and obligations of contracting parties
    • Letters of credit and payment provisions
    • Force majeure and exceptional circumstances
    • Contract performance and execution
    • Default, breach and contractual remedies
    • Damages and compensation
    • Common contractual risks and pitfalls

    How You'll Learn

    Topics are brought to life through a combination of:

    • Expert-led presentations
    • Interactive discussions
    • Practical exercises
    • Real-world case studies
    • Contractual scenarios and industry examples

    The Commodity Contracts course includes two examinations, designed to assess participants' understanding of the key concepts covered throughout the programme.

    To successfully complete the course and receive a Gafta certificate, participants must achieve a minimum pass mark of 65%.


    Examination Information

    • Assessment: Two examination
    • Pass Mark: 65% per exam
    • Results issued: Approximately two weeks after the course concludes
    • Resit policy: One resit opportunity will be offered within a specified timeframe if the required pass mark is not achieved

    Academic Integrity

    All examinations must be completed independently and in accordance with Gafta's examination regulations.

    Any candidate found conferring with another participant during the examination, or submitting work that is identified as copied from another candidate, will receive an automatic failing grade.


    Results & Certification

    Participants who successfully pass both examinations will be awarded a certificate of completion for the Commodity Contracts course.

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