Letter of Intent for International Sales Contract

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It is a document that serves to confirm the buyer´s interest and willingness to continue negotiating an international sale contract that due to volume or complexity requires a certain period of time to reach agreement. It can also be used to establish the general terms of the contract and to take into account the advances in the negotiation.

Normally, this Letter of Intent is written by the Seller (or his Agent o Representative) and is not binding upon the Parties