Conclude contract and trade terms

Case Study
Colombo (outskirt) - Colombo Port
Tea
Export
Export from Sri Lanka
Sri Lanka
Japan
Contract between seller and buyer
Conclude contract and trade
terms/Buy (Export from LKA to JPN/Tea)
- Exporter or representative
- Importer
- Exporter or representative
- Importer
1. Regular clientsThese clients ask for tea for a particular price and ask the exporters to buy tea from theauction based on that price. Although not mandatory, sometimes the tea exporter sends samples of tea two weeks before the auction with a price indication. The clients evaluate the samples and offer bids. If the price is below the bid price, the exporter buys the tea for their client. 2. Other clients For these clients, the exporter sends tea samples and a general quotation of price on a weekly basis. 3. The order is placed if the payment terms are acceptable to both parties. Then the Proforma Invoice or the Sales Contract is sent by the exporter to the buyer (by fax or email). 4. The buyer countersigns and returns it (via email). The shipment is prepared after this initial process of reaching an agreement.
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