Glossary → Foreign trade contract
Foreign trade contract
A foreign trade contract is a sale and purchase agreement between a Russian buyer and a foreign supplier. It is the basic document for customs clearance, calculation of customs value and currency control.
The contract sets out the subject, price, delivery terms (Incoterms) and the procedure and timing of payment. The confirmation of customs value and the passing of currency control depend on the correctness of the contract.
We help draw up a contract to meet foreign-trade requirements.
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