Seven useful terms explained for new wholesalers who want to Export medicines out of the EEA.

by | Jun 21, 2017 | Blog, Export Training, Training

Seven useful terms:

“IATA” “The International Air Transport Association “this body regulates air travel worldwide. IATA are responsible for security and safety of air travel and the regulation of air transport of dangerous goods.

“CEIV “Centre of Excellence for Independent Validators in Pharmaceutical Logistics (CIEV Pharma) – IATA’s equivalent of GDP.  CEIV certified carriers and airports have been assessed and have attained the globally recognised pharmaceutical product handling certification.

“CPC “The customs procedure codes (CPCs). CPCs are a 7-digit code, which identify the customs and /or excise regimes which goods are being entered and removed if required, they are required for both import and export.

“Incoterms “Incoterms are published by the International Chamber of Commerce and they are international trade terms used for the sale of goods and which define the responsibilities of buyers and sellers.

“EXW “With “EX Works “the buyer is responsible for paying for everything. The buyer will collect from the sellers site and is responsible for loading the shipment. But remember from a GDP point of view the MHRA will expect you as the last wholesaler to sell/supply the products before they are exported to be held accountable.

“DAP “The seller is responsible for paying for everything up until Import customs clearance and Import duties and taxes which will be the responsibility of the buyer. The seller bears all the risks of delivering the medication to the customer site.

“MAWB” MAWB is the documentation provided between freight forwarders and the airline.

If you want to learn more come on a PCL Export course, see our website for dates www.pharmacyconsulting.co.uk

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