ICC launches seminar on model international sales contracts

The Center for Global Best Practices, in partnership with the International Chamber of Commerce, is launching a one-day pioneering seminar entitled, “ICC Model International Sales Contracts: Best Practices Guide for Business Owners and Decision-Makers” scheduled on Friday,Nov. 25, at the Marriot Hotel, Pasay City.

If you are involved in negotiations and international sales transactions, this latest time-saving templates of contract provisions for traders, business people, lawyers will be very useful for you as it is aligned with the ICC arbitration rules in cases of disputes in international trade transactions. For details and a complete list of trade-related best practices seminars including Incoterms: Shipping Terminologies for Bankers and Traders, Mastering Letters of Credit, Best Practices in Handling Customs Tax Audits and Remedies (Nov. 25), and more, you may log on to www.cgbp.org or call (+63 2) 8427148/59 and 556-8968/69, Cebu: (+63 32) 512-3106 or 07 or Baguio line: (+63 74) 4235148.

Succinct and practical, these contracts are fair and balanced for all parties.

These clearly present the comprehensive sets of rights and obligations of traders. These provide clear directions to sellers and buyers through the step-by-step process – from A to Z – covering general characteristics of the contract, scope of application, termination of the contract, dispute resolution and more.

This updated version takes into account recent developments in international business and trade finance. While the focus of the lecture is on the sale of manufactured goods, it can serve as an example to work on for other types of products as well.

The seminar will feature international trade expert, Pavel Andrle, who is a Secretary to the Banking Commission of ICC Czech Republic who regularly represents his country in the ICC Banking Commission meetings abroad.

During his Philippine visit, he will also lecture among businessmen and bankers on the topic, Uniform Rules on Demand Guarantees which is intended for those with transactions who require bank guarantees.

Presently, he is a member of ICC Task Force on Guarantees. He has worked for a number of leading local and international banks in various positions. He is a DOCDEX Expert of ICC Centre for Expertise with ICC International Arbitration Court, ICC Paris.