Foreign Trade Contract

Contract Number: [Insert Contract Number]

Date: [Insert Contract Date]

Party A (Seller):
Name: ___________________
Address: ___________________

Party B (Buyer):
Name: ___________________
Address: ___________________

Article 1: Scope of Contract

The Seller agrees to sell and the Buyer agrees to purchase the following goods on the terms and conditions stipulated below:

Description of Goods:
[Insert Detailed Description of Goods, Including Quantity, Quality, Price, etc.]

Article 2: Price, Payment Terms, and Delivery

  1. Price: The total contract price for the goods shall be [Insert Total Contract Price in Words and Figures].
  2. Payment Terms: The Buyer shall pay the Seller in accordance with the following terms: [Insert Payment Terms, e.g., T/T, L/C, etc.].
  3. Delivery: The Seller shall deliver the goods to the Buyer at [Insert Delivery Location] within [Insert Delivery Timeline].

Article 3: Quality and Inspection

  1. The Seller shall ensure that the goods comply with the specifications and quality standards agreed upon by both parties.
  2. The Buyer has the right to inspect the goods before shipment and may reject any goods that do not meet the agreed-upon standards.

Article 4: Packing and Marking

The Seller shall pack the goods in a manner suitable for long-distance ocean transportation and shall clearly mark the packages with the necessary information, including contract number, product name, quantity, weight, etc.

Article 5: Shipping and Insurance

  1. The Seller shall arrange for the shipment of the goods and provide the Buyer with the necessary shipping documents.
  2. Unless otherwise agreed, the Seller shall be responsible for insuring the goods against all risks during transportation.

Article 6: Claims and Disputes

  1. In the event of any claims arising from the quality, quantity, or packaging of the goods, the Buyer shall notify the Seller within [Insert Claim Notification Period] after discovery.
  2. Any disputes arising from or in connection with this contract shall be resolved through friendly negotiation. If negotiation fails, the parties may submit the dispute to arbitration or seek legal redress in accordance with applicable laws.

Article 7: Force Majeure

If either party is unable to perform its obligations under this contract due to force majeure events, such as natural disasters or acts of war, it shall promptly notify the other party and take reasonable measures to minimize the impact.

Article 8: Other Terms

  1. This contract is subject to the laws and regulations of [Applicable Jurisdiction].
  2. Any modifications or additions to this contract must be made in writing and signed by both parties.
  3. This contract is made in both Chinese and English versions. Both versions shall have equal legal effect. In the case of any discrepancy, the English version shall prevail.

Party A (Seller):
Signature: ___________________
Date: ___________________

Party B (Buyer):
Signature: ___________________
Date: ___________________

Please note that this is a template for a foreign trade contract and should be tailored to the specific requirements and terms agreed upon by the seller and buyer. It is crucial to consult with legal professionals to ensure that the contract is compliant with local laws and regulations and meets the specific needs of the parties involved. Additionally, ensure that all necessary details related to the goods, payment terms, delivery, quality, inspection, packing, shipping, insurance, and dispute resolution are accurately reflected in the contract.