Requirements to foreign trade agreements

Foreign trade agreements must contain the following information:

1. Date, number and place (city) of signing the agreement;
   
   
2. Full and accurate names of the parties concluding the agreement, their legal status and residential address. Agreement shall indicate the date, place and authorities of parties’ registration;
   
   
3. Subject of the agreement shall be described in details (if the subject of the agreement is commodities, it shall indicate the country of origin of any commodities, place of destination and place of dispatch). Agreements shall indicate a full commercial name of goods, assortment, size, models and other specific characteristics. If the agreement anticipates operations with dissimilar goods, a special invoice detailing the list of types, sorts and trademarks of such goods shall be attached to the agreement;
   
   
4. Volume, weight and quantity of goods. Volume of goods, its gross and net weight in international units;
   
   
5. Detailed description of packaging and marking conditions;
   
   
6. Value of the agreement. Agreements shall indicate whether the prices for goods include any transportation expenses, packaging or marking expenses etc or not. Prices for goods may be determined as price for unit or total value of the agreement;
   
   
7. Order of settlements for delivered goods, list of documents required to present for payments, liability for any delay of payments or other violations of the terms and conditions of agreements;
   
   
8. Agreements shall specify the dates of delivery:
1. Fixed date for one-time delivery;
2. Determination of period within which the goods shall be delivered;
3. Immediate delivery or ex-stock delivery.
   
   
9. Agreements shall indicate the basis of delivery – abbreviations of typical terms and conditions of International Commercial Terms (Incoterms). Parties to the agreement shall select the basis of delivery depending on the transportation type (by land, sea or air);
   
   
10. Agreement shall anticipate force-majeur circumstances and way of settling any conflicts arising between the parties;
    
    
11. Bank requisite information shall not mention any third parties;
    
    
12. Number of signed copies of the agreement shall be indicated at the bottom thereof as well as registered addresses and signatures of the parties certified by seal;
    
    
13. It is impossible to draw up a contract, if one of the parties physical entity is and this entity is not a private entrepreneur.
    
    
14. Contract must be sent in one file, but not page by page and saved in PDF/tif format.