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Stages of foreign trade activities and clauses of a Contract

Foreign trade activities comprise several stages:

1. market research work (analysis of the market conditions)

2. choosing proper methods of trade on this particular market

3. planning foreign trade operation

4. carrying out a publicity campaign

5. preparations and conclusion of a Contract of sale with a foreign counterpart

6. fulfilment of contractual obligations.

A written Contract of sale is made out in the form of a document signed both by the Buyers and the Sellers. When there is no necessity of introducing special terms and conditions into the Contract of sale, russian associations use standard forms of contracts containing the following clauses (articles):

1. Naming (definition) of the Parties.

2. Subject of the Contract and volume of delivery.

3. Prices and the total value (amount) of the Contract (including terms of delivery).

4. Time (dates) of delivery.

5. Terms of payment.

6. Transportation (=carriage) of goods (packing and marking, shipment).

7. The Sellers’ guarantees (the quality of the goods).

8. Sanctions and compensation for damage.

9. Insurance.

10. Force majeure circumstances.

11. Arbitration.

12. General provisions.

Ознакомьтесь с содержанием текста и выполните задание к нему.

1. Переведите первый абзац текста на русский язык, озаглавьте его на английском языке.

2. Какой пункт этого абзаца касается непосредственно заключения контракта.

3. Выпишите из текста «clauses of a Contract» и переведите их на русский язык».


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