[request_ebook] ICC Model Contract - International Sale (Manufactured Goods)

Author: Professor Fabio Bortolotti

Date: 2020

ISBN: 9789284205660

Pages: 62

Language: English

Publisher: International Chamber of Commerce

Category: Business

Tag: Business & Investing

Posted on 2022-10-11, by Startup.


An international business transaction requires a precise and detailed underlying contract. However, it can be expensive and time-consuming to draft such a contract oneself. The International Chamber of Commerce, the world business organization, has responded to the market's need for a reliable and equitable model with the ICC Model International Sale Contract, which provides a solution in presenting a set of clear and concise standard contractual conditions for the most basic international trade agreement. 

Although this Model is denominated a 'sale' contract, it is equally appropriate for use by buyers as it balances the interests of exporters (sellers) and importers (buyers).It may thus also be used for a so-called 'purchase' agreement. 

The model contract is divided into two parts: Specific Conditions, which allow the parties to use the Model directly by filling in the blanks in the form; and General Conditions, which provide a platform of standard legal terms and thus a reference tool for contract drafting or negotiation. These General Conditions may be used together with the Specific Conditions, or independently.

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