List of Trade Facilitation Recommendations - Recommendation N°5 - Abbreviations of Incoterms

The United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT) recommends that the abbreviations of the trade terms annexed here to be accepted and used by Governments, international organizations and business whenever these trade terms are referred to in abbreviated form and mutually promote their use in support of a common approach to trade facilitation. This recommendation implies: For participants in international trade and transport: • to accept and implement the 3…