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Drafting International Contracts: 10 Tips
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- Created on Thursday, 12 December 2013 17:25
- Written by International Contracts Staff
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While the use or preprinted or standard contract forms -downloaded in websites such as Global Negotiator- is certainly an effective means of doing international business, you must at the same time be cautious of the drawbacks and protect yourself from the chance that your contract provisions might be unenforceable in the event that a dispute arises.
We offer 10 tips that you have to take into account when drafting international contracts using standard models or templates:
Distribution Contracts in China
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- Created on Wednesday, 28 August 2013 13:21
- Written by International Contracts Staff
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Entering into a distribution contract in China is one of the most common ways for a foreign company to distribute its products in China and is commonly considered the most appropriate way when the foreign company does not want to appoint agents in China to act on its behalf. An agency relationship usually requires more understanding and trust between the foreign company and its Chinese partners since, pursuant to Chinese laws, the acts of agent will be jointly and severally liable to third parties. A foreign company that is unwilling to entrust this level of responsibility to a Chinese agent may alternatively prefer to appoint its Chinese partner as distributor in a specified region, either on an exclusive or non-exclusive basis.
As the foreign company and its Chinese distributor will carry out the distribution tasks in accordance with the terms of the distribution contract, in order to ensure smooth cooperation between the parties, it is advisable that the following matters be considered during the negotiation and conclusion of the contract:
Saudi Arabia Investment Guide
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- Created on Tuesday, 27 August 2013 12:46
- Written by International Contracts Staff
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The Saudi economy, buoyed by high oil prices, is currently witnessing a period of rapid growth, with large scale infrastructure and social welfare projects being implemented alongside an equally ambitious industrial diversification programme. Opportunities exist across a range of sectors for quality exporters, and there is strong demand for relevant expertise particularly in engineering design, project management, financial services, and education and training.
This Guide from the Economist Intelligence Unit identified high value investment opportunities in Saudi Arabia for foreign companies in the following sectors:
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- Drafting International Contracts: 10 Tips
- Distribution Contracts in China
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