Every transaction follows the same sequence: confidentiality first, then a written offer, then bank confirmation. No step is left to verbal agreement; each document is the precondition for the next.
Non-Circumvention, Non-Disclosure Agreement. Prevents parties from bypassing one another to deal directly and from disclosing identities without consent; term and scope are defined in the document.
Commission is fixed in a written agreement with the seller and paid through the bank as shipment and payment take place.
The seller's written offer; binds product, specification, quantity, price, delivery and payment terms in writing.
An irrevocable, bank-confirmed letter of credit payable at sight; for regular shipments it can be renewed per cycle. Payment risk stays between banks.
Sales, commission and confidentiality agreements are governed by English law — the established reference for international commodity trade.
Disputes are resolved by International Chamber of Commerce (ICC) arbitration in Paris; the award is binding on the parties.
Delivery terms (FOB, CFR, CIF) and transfer of risk are defined under Incoterms 2020.
This page is for general information and does not constitute legal advice. The binding terms of each transaction are defined in the documents signed by the parties.
At the first meeting we share the NCNDA draft and define the transaction structure in writing.