Delivery Terms

MMT Name: Supply Chain_Consignment.Specified.Trade_Delivery Terms

Coding of Delivery Terms

UN/CEFACT Recommendation 5

The Incoterms are maintained by the International Chamber of Commerce and used globally to define the terms of international trade.

The Incoterms® rules are the world’s essential terms of trade for the sale of goods. Whether you are filing a purchase order, packaging and labelling a shipment for freight transport, or preparing a certificate of origin at a port, the Incoterms® rules are there to guide you. The Incoterms® rules provide specific guidance to individuals participating in the import and export of global trade on a daily basis.

More Information: https://iccwbo.org/resources-for-business/incoterms-rules/incoterms-2020/

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