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What are the main features of this model?
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 ICC Model International Sale Contract responds to the market’s need for a reliable and equitable template, providing a set of clear and concise standard contractual conditions for the international sale of goods.
Although the 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) and may thus also be used as 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.
The introductory section explains the scope of the contract, how it should be used, and contains helpful tips and reminders. The Specific Conditions allow parties easily to select on of the 11 Incoterms® 2020 rules for inclusion in the contract.
The ICC Model International Sale Contract is specifically adapted for transactions governed by the UN Convention for the International Sale of Goods (CISG), which applies to an increasingly large volume of international sales and is included as an annex.
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ICC Model Contract – International Sale (Manufactured Goods)
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.
Are there additional related ICC publications ?
To explore some of the issues related to this model, you may enjoy the following
Incoterms® 2020 contains the ICC rules for use of the 11 Incoterms® trade terms. It takes into account the latest developments in commercial practice, and updates the rules to make them more accessible and easier to use.
Incoterms® 2020 Checklist + Flowcharts – Choosing the right Incoterms® rule
Guide to help sellers and buyers choose the right Incoterms® 2020 rule to include in their B2B contracts for the sale of goods. Key information set out in an easy-to-understand combination of text and graphics.
ICC Handbook on Transport and the Incoterms® 2020 Rules
The ICC Transport and Incoterms® 2020 Handbook is a new publication providing clarity and practical support to those in the transport sector working on transactions involving the Incoterms® rules. When goods need to be transported from a seller to a buyer, in most cases an independent carrier is involved.
ICC Guide to Incoterms® 2020
The latest in a series of best-selling guides explaining how ICC’s world-famous trade terms apply in practice, ICC Guide to Incoterms® 2020 provides answers to the most important and recurring questions that will be asked about the Incoterms® 2020 rules.
ICC Guide to Export/Import – 5th edition
This Guide has introduced a generation of international trade professionals to the essential rules and standard practices of the export import trade.
Drafting and Negotiating International Commercial Contracts – 3rd edition
With the increasing globalization of markets, more and more businesses draft cross-border contracts on a regular basis. This guide clarifies the issues surrounding international contracts and will help lawyers and business people avoid the most common pitfalls.
ICC Model Confidentiality Agreement
The model confidentiality agreement and stand-alone model confidentiality clause help business people and lawyers by providing balanced, reliable models that can be used in transactions across sectors and borders,
ICC Model Contract Occasional Intermediary – Non-circumvention Non-disclosure (NCND)
The ICC Model Contract “Occasional Intermediary (Non-circumvention and Non-disclosure)” covers the most common varieties of international contracts to which an international intermediary is a party.
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