Export agreements are those agreements which are created whenever two or more than two parties are involved in any business which involves export of goods or services. Any export agreement is a legal document that must be written in a formal manner by following a particular format.
People generally hire legal experts to frame such agreements because any there is no scope for any mistakes. If a party violates the terms, then that party can be held chargeable under law. Export documents must be written in such a manner that its suits and is in accordance with the laws of both the countries involved.
The following points must be kept in mind while framing any export agreement:
- Firstly, it is important to write down the names, titles and other personal details of the involved parties of the agreement.
- The second part must comprise of the details of the goods or services to be exported. This part must also consist of the details of the amount to be paid and the method through which it has to be paid.
- The effective date of agreement is an important part of the document.
- The last section is the part where terms and conditions are mentioned in point wise form.
- The last line is reserved for the signatures of the parties.
Category: Export Agreements