What are the general clauses that any international trade agreement must contain?
The content of the international trade agreement, shall be expressed by a series of clauses classified in general clauses and specific clauses, characteristic to each contract according to its purpose and particularities.
The general clauses required for any kind of international trade agreement are:
- The clause on the contracting parties – is the validation condition of the legal act;
- Clauses relating to the subject-matter of the contract – if the document covers the sale of goods, it is absolutely necessary to specify in its content sufficient elements for the identification and determination of the goods concerned;
- The terms relating to the quantity-in the content of international trade contracts relating to the sale of goods, must be specified in at least one clause, the quantity of goods and the unit of measure on which they are made;
- Quality clauses – in the content of the international trade agreement, are required clauses relating to the quality of the goods and the ways of determining that quality;
- Clauses relating to packaging and marking – these clauses must contain the description of the package, if it passes to the purchaser’s property, in which case the price shall be specified or the seller’s property remains, in which case it shall specify the time limit for returning it.
- Clauses laying down the obligation to deliver the goods and the time-limits for delivery – handing over the goods to the buyer being the principal obligation of the seller, the contract should specify the precise clauses on the execution of this obligation;
- Clauses on the expedition, transport and insurance of goods during transport;
- Clauses relating to the price.
Therefore, the clauses listed above are clauses that should not be deprived of such a contract, followed by the particular clauses laid down for each contract concluded, partly.
