Export/Import Procedures and Documentation by Donna L. Bade

Author:Donna L. Bade [Bade, Donna L.]
Language: eng
Format: epub
ISBN: 9780814434765
Publisher: American Management Association, AMACOM Division
Published: 2010-01-22T22:00:00+00:00

f. Import Financing. The substantive aspects of import financing were discussed in Chapter 6, Section N. If import financing is going to be utilized, it should be discussed in the international purchase agreement. The seller will thus be clearly aware that the buyer intends to use such financing. The documentation that the seller is required to provide in order for the buyer to obtain such financing should be specified in the agreement, and the buyer’s obligation to purchase should be excused if such import financing is not granted.

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