Key Clauses in International Distribution Contracts

The purpose of an international distribution contract is to establish one or more sales points within a geographical area in a foreign country from which goods and services can be offered to a specific clientele. This type of contract enables suppliers -i.e. manufacturers of different products- to benefit from existing commercial facilities and to select their trading partners. This commercial ... Read More »

10 Top Risks in International Business

In today’s business environment, conditions remain challenging for many, and risk retains its position high on every organization’s agenda. Businesses themselves are changing, which brings new risk horizons and, at the same time, they are grappling with the changes brought about by a post-downturn economy. The ability to anticipate threats, respond and continually adapt is as critical a part of ... Read More »

Business Etiquette in Brazil

Brazil is one of  the countries with greater racial and cultural mix (what is known as a melting pot). It has important communities from Africa, Portugal, Spain, Germany, Japan, Lebanon and other countries. These groups have mixed together and have managed to create a unique lifestyle, with business etiquette rules quite flexible, though should be known by foreign negotiators that ... Read More »

Africa New Opportunities for Business

This report by from the Economist Intelligence Unit examines the potential risks and challenges of the African continent for doing business. Among others the report treats the following topics: • Reasons for economic growth in Africa • The consumption boom • Foreign investment flows • Investments from China Besides the great opportunities offered by Africa there are also risks as ... Read More »

Keys to Negotiate in Russia

  José María Rodríguez Clemente* Russia is today a country bustling with activity that keeps evolving on a daily basis and has little or nothing to do with the environment of insecurity and organized crime that some imagine and which only vaguely resembles the country that it ceased to be many years ago. In the words of Aliona Yakovleva, a ... Read More »

What is a Letter of Intent?

A Letter of Intent is essentially a collection of key points of an agreement between two parties that are negotiating a contract; in this respect, a Letter of Intent is simply the agreement signed prior to the final contract. In certain complex transactions, the parties may wish to come to a preliminary agreement, sometimes called an “agreement to agree”, which ... Read More »

Vietnam Doing Business Guide

This Doing Business Guide in Vietnam advise companies about how to start doing business in Vietnam. Among others the guide treats the following topics: Why Vietnam Researching the market Market entry strategies Getting Started Intellectual property rights Taxation Vietnamese culture Vietnam has one of the fastest-growing, most vibrant economies in Asia. Over the past ten years, economic growth has been ... Read More »

Contract Manufacturing in China

  Contract Manufacturing in China is a decision taken by thousands of companies in recent years. China has become the “factory of the world”. Hundreds of thousands of foreign companies have decided to move production to China and hire local companies that manufacture all kinds of products, at competitive prices, which are then sold on world markets. The relationships between the ... Read More »

Joint Venture contract checklist

Though there is no legal definition, a Joint Venture is essentially a relationship between two or more parties sharing risks and rewards in a particular business enterprise. The joint venture is usually undertaken through the medium of a joint venture contracts or through a limited liability company. The checklist that follows covers 20 of the most usual matters that parties ... Read More »

What is a trading company?

Trading companies  are specialists that cover all export and import operations and procedures. A trading company buy products in one country and sold them in different countries where it has its own distribution network. This kind of companies mostly work with high production volumes of products such as raw materials, chemicals, generic pharmaceuticals, etc. The activities of a trading company ... Read More »