The necessity of updating the conditions of concluding international trade contracts

According to the economic reporter of Fars News Agency, Gholamhossein Shafie today stated at the “National Conference on the Role and Importance of Commercial Contracts in International Trade” held at the Chamber of Commerce of Iran: Since the changes and developments in international trade are very fast, if the international contracts are up-to-date If it is not brought, it will definitely cause problems in the movement of traders and merchants.

The head of the Iranian Chamber of Commerce stated: Iran is located in a region where our trade with many countries faces high risk and the presence of unprofessional traders in the region, both from Iran and from the countries of the region, and the presence of unprofessional traders and lack of attention to The legal and legal provisions of contracts cause a lot of damage and losses to the business of both parties, which should be taken into consideration in the current situation.

Stating that the issue of the importance of international agreements is exactly proportional to the proper growth and development and in the constructive path of the economic relations of the countries, Shafi’i stated: Therefore, if this issue is not taken into account in the new conditions where these developments are fast, and the conditions If the new countries are not taken into account in concluding international agreements, it will definitely have a negative impact on international relations.

The head of the Iranian Chamber of Commerce stated: We cannot still consider the international contracts of 20 years ago as a model in business, therefore paying attention to the contracts according to the new conditions and paying attention to them in economic relations should be considered very seriously.

He added: The issue of arbitration in international contracts has received very little attention and many times we are faced with commercial disputes between our businessmen and other countries. Also, when there is a contract, they don’t take into account the dispute in commercial contracts and they don’t take into consideration the issue of arbitration in the matter of arbitrations, so the work of settling contracts becomes very difficult.

Shafi’i stated that the experts present new methods: in the current and future path, we cannot rely on the past methods in international contracts, and economic activists should pay attention to the current conditions in international contracts, especially in the current conditions in Iran’s economy. In the conditions of embargo, special features in contracts should be taken into consideration.

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