Different Stages of Draft ing a Foreign Trade Contract with Chinese Counterparts

Yuri Anatolievich Savinov, Evgenija Vadimovna Taranovskaja, Victoria Nikolaevna Voronina and Anna Vasilyevna Skurova
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Yuri Anatolievich Savinov: Russian Foreign Trade Academy
Evgenija Vadimovna Taranovskaja: Russian Foreign Trade Academy
Victoria Nikolaevna Voronina: Russian Foreign Trade Academy
Anna Vasilyevna Skurova: Moscow State Institute of International Relations (University)

Russian Foreign Economic Journal, 2020, issue 12, 93-100

Abstract: The expansion of trade and economic relations between Russia and the People’s Republic of China requires knowledge and experience to improve the process of drafting a foreign trade contract with Chinese partners. Different stages of negotiations usually take a considerable length of time to agree on the form and terms of the contract. At the same time, Chinese companies put forward a number of conditions that need to be worked out in advance for the possibility of their acceptance. First of all, it is necessary to fully check the partner, draft a contract in Chinese with Chinese as a governing language, affix seals on the edge of each page of the contract, etc. Acceptance of these and some other requirements ensures effective execution and completion of foreign trade contracts.

Keywords: international trade; exports to China; contract law of China; conclusion of contracts; supply of goods; specifi c requirements of the Chinese side. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2020_12_93-100

DOI: 10.24411/2072-8042-2020-10124

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