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How to avoid the risks in international trade
(1)Keeping Information left from negotiation is important
The opinion expressed and other information provided by the parties during negotiation can be deemed as part of the contract also.
In international trade, contract provisions validly made by the parties include not only what has stipulated on the written contract, but also agreements entered into by Emails, letters, Faxes, and invoices etc. For complex trade, the parties always confer by letters or other communications with each other for many times. If they eventually work out a contract provision during the negotiation, which is not expressed in the written contract, the provision will still be deemed as part of the contract and be executed later. Therefore, the letters, emails, Faxes, even text massages must be kept carefully, so that they can be used as evidences if any lawsuit be started.
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