《國際貿易實務（英文版）》(英文課件) - Ch 1 Introduction to International Trade Practices-Ch 5 Price

InternationalTradePractices

BasedontheTextbook《國際貿易實務》（英），機械工業(yè)出版社，202401LearningObjectivesHaveageneralunderstandingontheprocedureofimportandexport,andcross-borderelectronicbusinessBeabletoconcludeawrittencontractfortheinternationalsalesofgoodsBeabletoexecutethecontractforinternationalsalesofgoodsEncourageChinesestudentstotaketheinitiativetoshouldertheresponsibilityofbuildingapowerfultradingcountry,whiletheinternationalstudentscan“knowChina,loveChina,makefriendswithChina,andassistChina”03Textbook&ReferenceMaterialsTextbook尤宏兵，許立帆，《國際貿易實務》（英），機械工業(yè)出版社，2024ReferenceMaterials黎孝先，石玉川，王健，國際貿易實務（第七版），對外經濟貿易大學出版社，2020周瑞琪，國際貿易實務（英文版）（第五版），對外經濟貿易大學出版社，2020帥建林，國際貿易實務（英文版）（第四版），對外經濟貿易大學出版社，2020尤宏兵，國際貿易實務，人民郵電出版社，2016部分國際經貿組織及網址

SomeInternationalEconomicandTradeOrganizations&theirWebsites國際商會：ICC(InternationalChamberofCommerce)世界貿易組織：WTO(WorldTradeOrganization)聯合國貿易與發(fā)展會議：UNCTAD(UnitedNationsConferenceonTradeandDevelopment)/經濟合作與發(fā)展組織：OECD(OrganizationforEconomicCo-operationandDevelopment)/國際貨物買賣法

LawontheInternationalSaleofGoodsandmajorinternationaltradepractices《聯合國國際貨物銷售合同公約》theUnitedNationsConventiononContractsfortheInternationalSaleofGoods（CISG）1988年公約在達到法定批準國家數額后正式生效1986年12月11日中國交存核準書，提交核準書時提出了兩項保留意見：（1）不同意擴大《公約》的適用范圍，只同意《公約》適用于締約國的當事人之間簽訂的合同；（2）不同意用書面以外的其他形式訂立、修改和終止合同。2013年1月中國政府正式通知聯合國秘書長，撤回對《聯合國國際貨物銷售合同公約》所作“不受公約第十一條及與第十一條內容有關的規(guī)定的約束”的聲明，該撤回已正式生效?！镜谑粭l銷售合同無須以書面訂立或書面證明，在形式方面也不受任何其它條件的限制。銷售合同可以用包括人證在內的任何方法證明?！颗c進出口相關的國內法規(guī)

DomesticLaws&RegulationsrelatedtoForeignTrade

（國家法律法規(guī)數據庫，/）《中華人民共和國國境衛(wèi)生檢疫法》（自2025年1月1日起施行）《中華人民共和國關稅法》（自2024年12月1日起施行）《中華人民共和國對外關系法》（自2023年7月1日起施行）《中華人民共和國生物安全法》（自2021年4月15日起施行）《中華人民共和國民法典》（自2021年1月1日起施行）《中華人民共和國出口管制法》（自2020年12月1日起施行）《中華人民共和國對外貿易法》（自2004年7月1日起施行，2022年12月30日第二次修正）《中華人民共和國票據法》（自1996年1月1日起施行，2024年8月28日修正）《中華人民共和國進出口商品檢驗法》（自1989年8月1日起施行，2018年4月27日第三次修正）《中華人民共和國海關法》（自1987年7月1日起施行，2021年4月29日第六次修正）《中華人民共和國國境衛(wèi)生檢疫法》（自1987年5月1日起施行，2018年4月27日第三次修正）主要國際貿易慣例

LawontheInternationalSaleofGoodsandmajorinternationaltradepractices《貿易術語解釋的國際規(guī)則》InternationalRulesfortheInterpretationofTradeTerms,2020edition(INCOTERMS2020)國際貨物買賣法及主要國際貿易慣例

LawontheInternationalSaleofGoodsandmajorinternationaltradepractices《托收統(tǒng)一規(guī)則》TheUniformRulesforCollection(URC)國際商會為統(tǒng)一托收業(yè)務的做法，減少托收業(yè)務各有關當事人可能產生的矛盾和糾紛，于1958年草擬《商業(yè)單據托收統(tǒng)一規(guī)則》。1995年再次修訂，稱為《托收統(tǒng)一規(guī)則》國際商會第522號出版物（簡稱《URC522》），1996年1月1日實施。主要國際貿易慣例

LawontheInternationalSaleofGoodsandmajorinternationaltradepractices《跟單信用證統(tǒng)一慣例》UniformCustomsandPracticeforDocumentaryCredits（UCP）國際商會為明確信用證有關當事人的權利、責任、付款的定義和術語，減少因解釋不同而引起各有關當事人之間的爭議和糾紛，調和各有關當事人之間的矛盾，于1930年擬訂一套《商業(yè)跟單信用證統(tǒng)一慣例》，后在1951年，1962年，1974年，1978年，1983年、1993年進行了多次修訂，被稱為《跟單信用證統(tǒng)一慣例》，并被各國銀行和貿易界廣泛采用最新版為2007年版本，國際商會第600號出版物，簡稱UCP60004TeachingMethodsLecturesCaseStudySimulationNegotiation04ContentsCh1IntroductionCh2PreparationforInternationalTradeCh3InternationalTradeNegotiationCh4SubjectmatteroftheS/CCh5PriceCh6InternationalcargoTransportCh7InternationalcargoTransportInsuranceCh8InternationalcargoPaymentCh9GeneralTermsCh10PerformanceoftheContractCh11Cross-borderE-commerceCh1IntroductiontoInternationalTradePracticesBasedontheTextbook《國際貿易實務》（英），機械工業(yè)出版社，2024LearningObjectivesUnderstandtheconceptandcharacteristicsofinternationaltradepracticesBefamiliarwiththegeneralprocedureofinternationaltradepracticesGetageneralinformationonthecontentsthecourse11/11/2024131.1Concept1.1.1ConceptThesaleofgoodsbetweenpartieswhoseplacesofbusinessareindifferentStates.CISG[UnitedNationsConventiononContractsfortheInternationalSaleofGoods(1980)]11/11/202414CISGFourSections(tobecontinued):Generalprovisions,includingrulesonthescopeofitsapplicationsandrulesofinterpretationTheformationofcontractsTherightsandobligationsofbuyersandsellersProvisionsfortheratificationandtheentryintoforceoftheConvention11/11/202415CISGTransactionscoveredinCISG(continued):Either(1)bothofthestatesmustbecontractingpartiestotheconventionor;(2)Therulesofprivateinternationallawmustleadtotheapplicationofthelawofacontractingstate.11/11/202416UnderstandtheConceptofInternationalTradePracticefromthefollowingThreefactorsPartiesconcernedthebuyerandthesellermusthavetheirplacesofbusinessindifferentstates(theCISG)Subject

matter:physical(visible)cargosContract-internationalsalescontract11/11/2024171.1.2Whydowelearnthiscourse?theforeigntradehassurelybeentheenginefortheeconomicdevelopmentinChina.ChinatheTop1exportingcountrysince2009TheTop1tradecountrysince2013ThetotalamountofforeigntradewasUSD5,925.72billionin2023,11.63timesofthatin2001whenChinajoinedintheWTO,andabout287.1timesofthatin1978whenChinabegantoopentotheoutside11/11/2024181.1.3CourseArrangement3credits；48hours.LearningMethods:LecturesExercisesonandafterclassCaseStudiesSimulationNegotiation

1.2Characteristicsofinternationaltrade（1）MoredifficultDifferenttradingcountries/regionshaveLanguagescurrenciesmeasuringsystembusinesspracticescustomsandtraderegulationsLegalsystemcommunicationsytleMeasuringUnitsLongTonMetricton(M/T)ShortTonweight(Britishton)1longton=1.016M/T=2240lbMetricSystem1metricton(M/T)1000kgs=2204.67lb(Americanton)1shortton=0.907M/T=2000lbBritishSystemAmericanSystem2211/11/2024(2)MorecomplicatedMorepartiesconcerned2311/11/2024MorepartiesinvolvedMainpartiesconcerned

Importer&ExporterRelativepartiesProducer/manufacturer/processorTransportBankOceanPort/railwaystation/airportInsuranceCompany/underwriterCommodityInspectionInstitutionCustomsForeignexchangecontroldepartmentAgentsChamberofcommerce……2411/11/2024(3)MorerisksPoliticalriskForeignexchangerateriskCulturalriskCreditrisksTransportrisksCommercialrisksDelivery2511/11/20241.3GeneralProceduresofInternationalTradeStepⅠ：PreparationforInternationalTradeStepⅡ:InternationalTradeNegotiationStepⅢ:TermsofInternationalTradeStepⅣ:PerformanceofContractforInternationalSalesofGoodsStepⅤ:Claim&Settlementforclaim2611/11/20241.3GeneralProceduresforInternationalTradeStepⅠ：PreparationWellBegun,HalfDone5WWhereWhomWhenHowWhichprice2711/11/2024StepⅡNegotiationofInternationalTradethedealingsbetweenSellerandBuyerinordertoreachanagreementonthetermsoftrade,suchasquality,quantity,price,shipment,payment,etc.2811/11/2024Fourstages/linksEnquire（詢盤）Offer（發(fā)盤）Counter-offer（還盤）Accept（接受）2911/11/2024StepⅢ：TermsofContractofInternationalSalesofGoodsOral/written/electronicformAccordingtointernationaltradepractice,thesellerandthebuyerstillhavetosignawrittensalescontractorsalesconfirmation,bindingthemall,tofurtherdefinetheirrightsandobligationsrespectively.3011/11/2024Contract

Heading（約首）Text（本文/權力與義務）Ending(約尾/效力，effect)3111/11/2024Text(rightsandduties)MainclausesNameofcommodityQualityQuantityPackingPriceTransportPaymentInsurance3211/11/2024Generalclauses/termsCommodityinspectionClaimDisputeForcemajeure3311/11/2024StepIV:Performance/ExecutionoftheContractTohonorcontractsandmaintaincommercialintegrity.3411/11/2024StepV:Claim&Settlementforclaim3511/11/2024HomeworkWhatkindsofskillsand/orabilitiesshouldasuccessfulinternationalbusinessmenhave?Trytofindseveralsamplecontractforinternationalsalesofgoods,thenreadthem,andtrytounderstandtheirstructure.Ch2Preparation-takingExportasanExampleBasedontheTextbook《國際貿易實務》（英），機械工業(yè)出版社，2024LearningObjectivesRecognizethemaintasksforexport/importpreparationUnderstandhowtopreparingthegoodsbeforethenegotiationUnderstandhowtowriteaneffectivebusinesslettertoestablishthebusinessrelationshipContentsforthePreparationofExportMarketsurveyTomakesurethesourcesofthegoodsTosetuptheexportationoperationplanToestablishthenegotiationteamTomakesurethekeytradetermscleartoagreatextentinthefuturecontractTopromoteandadvertisethegoodsintheimportingcountry/regionToestablishbusinessrelationship2.1MarketSurveyGoal：tofindthesuitablemarketandthepotentialcustomers2.1.1OverseasMarketResearchCountry/RegionSurveySpecificMarketResearchCustomerResearch（1）Country/RegionSurveyaimstounderstandthetradepartnersfromthefollowingaspectsPoliticalEconomicSocialandculturalTechnicalbemainlydonebythegovernments:WTO,FTA(中國自由貿易區(qū)服務網：/)（2）SpecificMarketResearch5WWhereWhomWhenHowWhich（3）CustomerResearchbasicinformationbackgroundPaymentabilityoperationabilitybusinessstylemajorcustomersandbusinesscultureetc.2.2ToMakeSuretheSourcesoftheGoodswhetherthegoodscanbeallowedtobeexported?whocansupplyormanufacture?whetherthequalityand/orquantitymeettherequirementsintheforeignmarkets?

2.3ToSetUptheExportationOperationPlan2.3.1Contents(1)domesticcommoditysupply(2)overseasmarketsituations(3)exportexperiences(4)economicperformance(5)businessplanarrangementandimplementation2.3ToSetUptheExportationOperationPlan2.3.2PrinciplesforFormulatingExportPlanFeasibilityBeSpecificEffectivenessVariability2.4ToEstablishtheNegotiationGroup(1)TheTeamScaleandStructure．Scale．structure:reasonable,thedivisionoflaborisclear(2)ThePersonnelCharacteristicAsanegotiator,heshould-begoodcharacter,skilledinbusiness,quickinthinking,havegoodinsightandjudgmentability;-begoodatusingstrategiesandmakefriends,havethecourage,bepatienceandsteady.2.5ToMakeSuretheKeyTradeTermsClearintheContractKeyConditionsnameofthegoodsQualityQuantityPackingPriceTransportInsurancePaymentetc;GeneralConditionscommodityinspectionClaimArbitrationForcemajeure2.6ToPromoteandAdvertisetheGoodsintheImportingCountriesStrategies:choosesuitablechannelstoadvertiseregisteryourtrademarkand/ortechnologypromoteyourcommodity/commoditiesintheimportingcountry/region2.7ToEstablishBusinessRelationshipFirst,toexplainthesourcesoftheinformationoftheoppositesideSecond,tomakeclearyourgoalThird,toIntroducethewriterhimselfForth,toIntroducetheProductsFifth,toEndbyInspiringMethodQuestions1.Generallyspeaking,weshouldchoosewhichlaws/actstosettlethedisputeandwhy?2.Howtoevaluatethepotentialtradepartner’scredit?3.DoyouthinkthatitisnecessaryforustoproducealltheexportproductsorestablishourownfactoryafterwehaveconcludedaSalescontracthoweverwehavenotthefactory?HomeworkFinishtheexerciseinChapter2inthetextbook.Ch3InternationalTradeNegotiationLearningObjectivesUnderstandtheinternationaltradenegotiationmethodsRecognizethegeneralinternationaltradenegotiationprocedure,especiallythetwokeyprocedures:offerandacceptanceIdentifydifferencesbetweenthewithdrawalandrevocationoftheofferIdentifywhenandhowtorevoketheacceptanceUnderstandtheimportanceandkeycontentsofthewrittencontractforinternationalsaleofgoods3.1NegotiationFormOralNegotiationface-to-facenegotiationnegotiationthroughthetelephoneWrittenNegotiation3.2MainStepsEnquiryOfferCounter-offerAcceptance3.2.1EnquiryConceptCategoriesCharacteristicsWhydoesoneinquire?AttentionwhenmakingEnquiryHowtoreplyenquirieseffectively?(1)ConceptAnenquiryreferstothatthesellerorthebuyeraskstheoppositesideaboutthetradetermsandconditionssoastosellorbuysomethingorreachanagreementwithreservations.Initiatedbyeitherthesellerorthebuyerwithoutenquirybeingmadefirst.(2)CategoriesThebidorinvitationtooffer,inwhichtheenquirywasmadebythebuyerExamples-Weareinterestedinthesoyabeans.Pleaseoffer.Thesellinginquiry,inwhichtheenquirywasmadebytheseller-WecansupplyNORTHEASTSOYABEANPLEASEBID-WecansupplyMAXAMBRANDDENTALCREAMUSD5PERPi-ECESHIPMENTONMARCHCABLEREPLYIFINTERESTED(3)CharacteristicsNotbinduponbothparties,butusuallywhenyoureceiveaninquiry,youshouldreplyitassoonaspossible.Togiveatoolowpriceinordertoattractthebuyertomakeanofferetcisnotrecommended.(4)Whydoesoneinquire?TotrytogaintheinitiativeOnewaytogetthe

marketinformation(5)AttentionwhenmakingEnquiryDonotgiveawayrealintentionsintheEnquiryAskfor

moreinformationbesidesthepricesofthegoodsBrief,specific,courteousandreasonable(6)HowtoreplyenquirieseffectivelyConcludewithoneortwolinesencouragingthecustomertoplaceordersandassuringthemofgoodservice3.2.2OfferConceptThebasicconditionsforaneffectiveofferCategoriesExpiryDateThewithdrawalandrevocationofoffer(1)ConceptCISGArticle14(1)stipulates:Aproposalforconcludingacontractaddressedtooneormorespecificpersonsconstitutesanofferifitissufficientlydefiniteandindicatestheintentionoftheofferortobeboundincaseofacceptance.Aproposalissufficientlydefiniteifitindicatesthegoodsandexpresslyorimplicitlyfixesormakesprovisionfordeterminingthequantityandtheprice.(2)PartiesConcernedOfferor:theonewhoputsforwardtheproposalOfferee:theonewhowasaddressedtheproposal(3)ThePrerequisitesforaValidofferFirst,theoffereeshouldbespecificCISGArticle14(1):Aproposalotherthanoneaddressedtooneormorespecificpersonsistobeconsideredmerelyasaninvitationtomakeoffers,…….Second,TohaveanintentiontosignacontractInpractice:firmoffer,offerwithengagement,etc.(3)ThePrerequisitesforaValidofferThird,

contentsoftheoffershallbesufficientlydefiniteJustasCISGArticle14(1)says:Aproposalissufficientlydefiniteifitindicatesthegoodsandexpresslyorimplicitlyfixesormakesprovisionfordeterminingthequantityandtheprice(3)ThePrerequisitesforaValidoffersufficientlydefiniteCISGArticle14(1)tellsusthatthemaintradetermsneededforanofferare:thegoods(itincludesthenameofthecommodityandthequality);quantity;price.(3)ThePrerequisitesforaValidofferForth,toreachtheofferee(4)ExpiryDate/validityExpiryDatereferstothetimeorperiodfortheoffereetoaccepttheofferItisunnecessaryintheCISGHowever,inpractice,itispopulartodescribetheexpirydateintheofferMethodstostipulatethevalidityofanofferStipulatethelatestdateforacceptancePleasereplyherenotlaterthanSept.10th,2024FixaperiodoftimeforacceptanceItisgoodfor5days.Theofferisvalidfor3days.Replyimmediately/ReplyassoonaspossibleInpractice,replywithin2or3dayswouldbebetter.NodurationItdoesnotmeanthattheoffereecanaccepttheofferinanytime.Generally,theacceptanceshouldbesentbythesamewayorfasterthantheoffer.WhentherewerenodurationintheofferAccordingtotheCISGArticle18(2):“Anacceptanceisnoteffectiveiftheindicationofassentdoesnotreachtheofferorwithinthetimehehasfixedor,ifnotimeisfixed,withinareasonabletime.……Anoraloffer,unlessotherwiseagreed,mustbeacceptedimmediatelyunlessthecircumstancesindicateotherwise.”(5)ThewithdrawalandrevocationofofferWithdrawalTowithdrawanoffer:theofferormodifiesorcancelstheofferwhichhasnotarrivedintheoffereeCISGArticle15(2):“Anoffer,evenifitisirrevocable,maybewithdrawnifthewithdrawalreachestheoffereebeforeoratthesameti-meastheoffer.”(5)ThewithdrawalandrevocationofofferRevocationWhileCISGArt16(1)stipulates:“Untilacontractisconcludedanoffermayberevokediftherevocationreachestheoffereebeforehehasdispatchedanacceptance.However,anoffercannotberevoked.(a)ifitindicates,whetherbystatingafixedtimeforacceptanceorotherwise,thatitisirrevocable;or(b)ifitwasreasonablefortheoffereetoreplyontheofferasbeingirrevocableandtheoffereehasactedinrelianceontheoffer.”QuestionsWhetherthefollowingareofferornotandwhy?(1)Auctionannouncement(2)AnAmericanexporteragreestoexportacertainkindofchipstoChinaifhehasgottheexportlicensefromtheAmericangovernment?3.2.3Counter-offertheoffereemakesanindicationofmodificationoralterationonthecontentsoftheoffernotonlyakindofrefusaltotheofferbutalsoanewofferissuedbytheofferee.CISGArticle19(1):“Areplytoanofferwhichpurportstobeanacceptancebutcontainsadditions,limitationsorothermodificationsisarejectionoftheofferandconstitutesacounter-offer.”3.2.4AcceptConceptRevocationofAcceptance(1)conceptCISGArticle18stipulates“Astatementmadebyorotherconductoftheoffereeindicatingassenttoanofferisanacceptance.Silenceorinactivit-ydoesnotinitselfamounttoacceptance.”(2)Perquisitesforavalidacceptancemustbeclearlyexpressedbytheofferee’smustbeexpressedmustbeacceptedabsolutelyandunconditionallymustreachtheofferorwithinthevalidperiodofafirmoffer(3)RevocationofAcceptanceCISGArticle22:“Anacceptancemaybewithdrawnifthewithdrawalreachestheofferorbeforeoratthesametimeastheacceptancewouldhavebecomeeffective.”3.4WrittenContractContractFormofContractContentsoftheWrittenContractModificationorTerminationofContract3.4WrittenContract(1)ConceptofContractalegalbindingagreementoralegaldocumenttodemonstratetherelationshipoftwoormorethantwopartiesaswellassettingoutwhattheymustdoandmustnottodoinordertoperformvarietyofactiontogainvaluablebenefits.contract/confirmation(asimplecontract)SalesContract(S/C):draftedbytheSeller/PurchaseContract):draftedbytheBuyer3.4WrittenContract(2)FormofContract(tobecontinued)Article11intheCISG:Acontractofsaleneednotbeconcludedinorevidencedbywritingandisnotsubjecttoanyotherrequirementastoform.Itmaybeprovedbyanymeans,includingwitnesses.Article469inCivilCodeofthePeople’sRepublicofChina:Thepartiesmayconcludeacontractinwriting,orally,orinotherforms.Awritingreferstoanyformthatrendersthecontentcontainedthereincapableofbeingrepresentedinatangibleform,suchasawrittenagreement,letter,telegram,telex,orfacsimile.3.4WrittenContract(2)FormofContract(tobecontinued)OralcontractWrittencontractTheotherform(witnesses(CISG,CivilCodeofthePeople’sRepublicofChina)3.4WrittenContract(2)FormofContract(continued)QuestionsQ1:Amongthoseformsofcontractmentioned–above,whichonedoyoupreferandwhy?Q2:Electroniccontractisakindofwrittencontract.TrueorFalse?Article469(CivilCodeofthePeople’sRepublicofChina)：Adatamessageinanyform,suchaselectronicdatainterchangeande-mails,thatrendersthecontentcontainedthereincapableofbeingrepresentedinatangibleformandaccessibleforreferenceanduseatanytimeshallbedeemedasawriting.3.4WrittenContract(3)

ContentsoftheWrittenContract(tobecontinued)StructureTitle-標題【Forexample:

Contract/Sales

Contract】TheHead(Preamble)-約首TheBody/TermsandConditions-本文TheEnding/Execution-約尾3.4WrittenContract(3)

ContentsoftheWrittenContract(tobecontinued)TheHead(Preamble)-約首Example

1ContractNO:Signedat:Date:TheBuyer：【Generally,itincludesthename,detailedaddress,Tel.number,PostCode,Emailaddress,website】

TheSeller：3.4WrittenContract(3)

ContentsoftheWrittenContract(tobecontinued)TheHead(Preamble)-約首Example

2

OriginalContractNo:Signedat:Date:PartyA：【Generally,itincludesthename,detailedaddress,Tel.number,PostCode,Emailaddress,website】

PartyB：Throughfriendlynegotiation,PartyAagreestosellandPartyBagreestobuythementionedgoodsonthetermsandconditionsstatedbelow.3.4WrittenContract(3)

ContentsoftheWrittenContract(tobecontinued)TheBody/TermsandConditions-本文(seenext2pages)CivilCodeofthePeople’sRepublicofChinaArticle470Thecontentofacontractshallbeagreedbythepartiesandgenerallyincludesthefollowingclauses:(1)nameordesignationanddomicileofeachparty;(2)objects;(3)quantity;(4)quality;(5)priceorremuneration;(6)timeperiod,place,andmannerofperformance;(7)defaultliability;and(8)disputeresolution.Thepartiesmayconcludeacontractwithreferencetothevarioustypesofmodelcontracts.Throughfriendlynegotiation,theBuyersagreetobuyandtheSellersagreetosellthefollowinggoodsontermsandconditionsstatedbelow：(1)NameofCommodity,SpecificationsandPacking(2)Quantity(3)UnitPrice:(4)TotalAmount:（ShipmentQuantity%moreorlessallowed）(5)TimeofShipment:(6)Portofloading:(7)PortofDestination:(8)Insurance:Tobecoveredbythe___for110%oftheinvoicevalueagainst______.(9)TermsofPayment：Byirrevocable,non-transferableletterofcreditinfavorof_____payableatsightwithTTreimbursementclause/___days/sight/dateallowingpartialshipmentandtransshipment.ThecoveringLetterofCreditmustreachtheSellersbefore_____andistoremainvalidin_____Chinauntilthe15thdayaftertheaforesaidtimeofshipment,failingwhichtheSellersreservetherighttocancelthisSalesContractwithoutfurthernoticeandtoclaimfromtheBuyersforlossesresultingtherefrom.(10)Inspection:TheInspectionCertificateofQuality/Quantity/Weight/Packing/Sanitationissuedby_______ofChinashallberegardedasevidenceoftheSellers’delivery.(11)ShippingMarks:OTHERTERMS：1.Discrepancy：Incaseofqualitydiscrepancy,claimshouldbelodgedbytheBuyerswithin30daysafterthearrivalofthegoodsattheportofdestination,whileforquantitydiscrepancy,claimshouldbelodgedbytheBuyerswithin15daysafterthearrivalofthegoodsattheportofdestination.Inallcases,claimsmustbeaccompaniedbySurveyReportsofRecognizedPublicSurveyorsagreedtobytheSellers.ShouldtheresponsibilityofthesubjectunderclaimbefoundtorestonthepartoftheSellers,theSellersshall,within20daysafterreceiptoftheclaim,sendtheirreplytotheBuyerstogetherwithsuggestionforsettlement.2.ThecoveringLetterofCreditshallstipulatetheSellers’soptionofshippingtheindicatedpercentagemoreorlessthanthequantityherebycontractedandbenegotiatedfortheamountcoveringthevalueofquantityactuallyshipped.(TheBuyersarerequestedtoestablishtheL/CinamountwiththeindicatedpercentageoverthetotalvalueoftheorderasperthisSalesContract.)3.ThecontentsofthecoveringLetterofCreditshallbeinstrictconformitywiththestipulationsoftheSalesContract.IncaseofanyvariationthereofnecessitatingamendmentoftheL/C,theBuyersshallbeartheexpensesforeffectingtheamendment.TheSellersshallnotbeheldresponsibleforpossibledelayofshipmentresultingfromawaitingtheamendmentoftheL/CandreservetherighttoclaimfromtheBuyersforthelossesresultingtherefrom.4.ExceptincaseswheretheinsuranceiscoveredbytheBuyersasarranged,insuranceistobecoveredbytheSellerswithaChineseinsurancecompany.Ifinsuranceforadditionalamountand/orforotherinsurancetermsisrequiredbytheBuyers,priornoticetothiseffectmustreachtheSellersbeforeshipmentandissubjecttotheSellers’agreement,andtheextrainsurancepremiumshallbefortheBuyers’account.5.TheSellersshallnotbeheldresponsibleiftheyfail,owingtoForceMajeurecauseorcauses,tomakedeliverywithinthetimestipulatedinthisSalesContractorcannotdeliverthegoods.However,theSellersshallinformimmediatelytheBuyersbycable.TheSellersshalldelivertotheBuyersbyregisteredletter,ifitisrequestedbytheBuyers,acertificateissuedbytheChinaCouncilforthePromotionofInternationalTradeorbyanycompetentauthorities,attestingtheexistenceofthesaidcauseorcauses.TheBuyers’failuretoobtaintherelativeImportLicenceisnottobetreatedasForceMajeure.6.Arbitration：AlldisputesarisinginconnectionwiththisSalesContractortheexecutionthereofshallbesettledbywayofamicablenegotiation.Incasenosettlementcanbereached,thecaseatissueshallthenbesubmittedforarbitrationtotheChinaInternationalEconomicandTradeArbitrationCommissioninaccordancewiththeprovisionsofthesaidCommission.TheawardbythesaidCommissionshallbedeemedasfinalandbindinguponbothparties.7.SupplementaryCondition(s)(ShouldthearticlesstipulatedinthisContractbeinconflictwiththefollowingsupplementarycondition(s)，thesupplementarycondition(s)shouldbetakenasvalidandbinding.)3.4