The creation of a uniform rule that is applied in international trade, aside from the work done, which includes components for the purposes of international or foreign trade contracts in the preparation phase, is known to have issues to the attention of the parties and their counsel.
The subject matter of the contract, the nature of the parties , the form of performance , the method of dispute resolution and the arrangement of the place of settlement in such a way as to meet the true will of the parties and the objectives of the contract many times affect the winning or losing of future lawsuits.
If the contract to be drawn up between the parties has a connection with another contract previously drawn up by the same parties or related to the act that the parties have entered into the contract, it is important that these contracts should also be included and, if possible, numbered. Dec.
The addition of the first and last names, e-mail addresses, workplace and residence addresses, citizenship numbers, trade registry numbers, tax numbers, information of the authorized person of the company of the parties who will sign the contract will facilitate notification in case of disputes that may occur in the future.
The need for the subject of the contract to be clearly and fully stated should not be overlooked. By clarity, what is meant here is not only the wills that the parties understand at that moment, but also the level that will ensure that the person who will evaluate the dispute correctly understands in the event of a possible dispute.
It is important for the exact determination of the date of default that the deadlines for fulfilling the actions of the parties have been added in such a way as to reflect exactly their true will.
Again, it is also useful to specify from which moment the delay penalty or default interest will be paid in terms of periods.
When determining interest rates in international trade, it is useful to examine the interest terms of the local law to which the parties are subject. Because it may not be possible for the violator of the interest requirement contrary to public order to be executed and collected in the country of the party.
The parties can decide for themselves what the applicable law will be in the event of a dispute. In this regard, we can say that the arbitration clause is added to the contracts every passing day and arbitration is becoming widespread in dispute resolution.
It should also be considered whether the contract is signed using an e-signature or not. It should be observed that the parties should not put forward any def in the future in terms of electronic signatures.
The special determination of the procedure to be applied to the Decrees between the parties and the use of electronic decrees will facilitate the transactions.
