Legal services of arbitration center of Isfahan province chamber of cooperatives

International trade contracts and Incoterms

Introduction:
Different countries have different business cultures and languages. It's a good idea to make sure you have a clear written contract to minimize the risk of misunderstandings. The contract should set out where the goods are being delivered. It should cover who is responsible for every stage of the journey, including customs clearance, and what insurance is required. It should also make it clear who pays for each different cost. To avoid confusion, internationally agreed Incoterms should be used to spell out exactly what delivery terms are being agreed, such as:

• where the goods will be delivered
• who arranges transport
• who is responsible for insuring the goods, and who pays for insurance
• who handles customs procedures, and who pays any duties and taxes

International Commercial Contracts - Incoterms
This guide explains the basics principles of International Commercial Terms (Incoterms), and how traders can use them in buyer or seller contracts to make clear who is responsible for the goods at each point of the transport process. The guide also explains the benefits of using Incoterms and what each Incoterm means for the buyer and seller, as well as offering sources of further help and advice for traders.

Legal services:.
Reducing the risk of international transactions by setting formal contracts at the arbitration center of Isfahan province chamber of cooperatives
The Chamber of Cooperatives is an official institution for regulating international and domestic trade relations
with other government organizations such as embassies, Customs, insurance system, transportation system in direct communication. This center work with the participation of both sides of international trade at cooperative chamber to protect the security of both sides of the contract and reducing the risk of inappropriate contracts.
Other activity of this center is ability to handle any complaints with complete support of the parties.
International business transactions are described in the form of an international contract, containing the objective(s) and commitments of each of the parties involved and the terms which govern the transaction.
When parties from different countries enter into a contract, they are governed by international contract law unless they agree to abide by the laws of one of the countries. International contract law is a branch of private international law. This type of law is frequently applied to as international sales law.

International shipping methods:

• EXW (Ex work)
• FCA (Free carrier)
• FAS (Free alongside ship)
• FOB (Free on board)
• CFR ( Cost and freight)
• CIF (Cost, Insurance and freight)
• CPT (Carriage paid to)
• CIP (Carriage and insurance paid to)
• DAF(Delivered at frontier)
• DES(Delivered Ex ship)
• DEQ( Delivered Ex Quay)
• DDU(Delivered duty unpaid)
• DDP(Delivered duty paid)

Incoterms chart

All Kinds of International Contracts

• Alliances Contract AC :
• Barter Contract BC :
• Counter Purchase Contract CPC:
• Original Equipment Manufacturer OEM:
• Compensatory Contract CC:
• Offset Contract OC:
• Counter Cooperation Contract CCC:
• Industrial Cooperation:
• Joint Venture Contract JVC:
• Licensing Contract LC:
• Franchise Contract FC:
• Loaned Personnel Contract LPA:
• Know How Transfer Contract KHTC:
• TTC Technology Transfer Contract:
• Manufacturing Contract MC:
• Management Contract MC:
• Project Management Contract PMC:
• Consultancy Contract CC:
• Engineering Services Contract ESC:
• Knock Down Contract KDC:
• Completely Knock Down or CKD Contract:
• Semi Knock Down or SKD Contract:
• Knocked Down Export or KDX Contract:
• Built Up Export or BUX Contract :
• Buy Back Contract BBC:
• Engineering and Procurement or EP Contract:
• Procurement Construction or PC Contract:
• EPC Engineering Procurement Construction Contract:
• Procurement Construction PCC Contract:
• EPF Engineering, Procurement and Finance:
• EPCF Contract Engineering, Procurement, Construction and Finance:
• EPCI Engineering, Procurement, Construction, and Installation:
• EPCM Engineering, Procurement, Construction, and Management:
• Design Build DB Contract:
• Design Bid Build DBB Contract:
• Construction Management or CM Contract :
• Design Build Finance Operate DBF
• Contract :
• Rent Contract RC:
• Cooperative Contract CC
• Swap Contract SC:
• Option Contract OC:
• Switch Contract SC:
• Parallel Deals Contract PDC:
• Bilateral Deals Contract BDC:
• Multilateral Deals Contract MDC:
• Contract For Difference CFD Contract:
• Exchange Traded Derivatives ETD Contract
• Over The Counter OTC:
• Future Contract FC:
• Build and Transfer Contract BTC:
• Build Transfer Operate BTO Contract:
• Build Rent Transfer BRT Contract:
• Build Lease Transfer BLT Contract:
• Build Operate Transfer BOT Contract:
• BOO Contract Build Own Operate:
• Build Own Operate Sell BOOS Contact:
• Build Own Operate Transfer BOOT Contract:
• Build Own Lease Transfer Contract BOLT:
• FIDIC Federation International des Ingenieurs Consel Contract:
• ROT Contract Rehabilitation Operate Transfer:
• ROO Rehabilitate Own Operate Contract:
• Supply Operate Transfer SOT Contract:
• Develop Operate Transfer DOT Contract:
• MOT Contract Modernize Operate Transfer:
• Lease Contract LC:
• Off Take Contract OTC :
• Agent/Agency Contract AC:
• Representative Contract RC:
• Dealership Contract DC:
• Sales Branch Contract SBC :
• Distribution Agent Contract DAC:
• Sole Agent Contract SAC:
• Exclusive Right Agent Contract ERAC:
• Trade Mark Contract TMC:
• Trade Name Contract TNC:
• Export Contract EC:
• Import Contract IC: