Where can you see an example of a foreign economic agreement?

Until August 7, 2020, foreign economic agreements and contracts had to comply with the requirements of the Order of the Ministry of Economy and European Integration dated September 9, 2001 under No. 201 "Approving the Regulations on the Form of Foreign Economic Agreements (Contracts)". However, this document is no longer valid. Another document that would establish the requirements for foreign trade agreements has not yet been adopted.

When concluding such contracts, it is necessary to pay special attention to the name of the contract (agreement of purchase and sale, provision of services, delivery, etc.), its number, as well as the date of conclusion of the contract and the preamble. Here, the full names of the parties to the foreign exchange transaction (according to the relevant registers) with an indication of the country, as well as the abbreviated names of the parties ("Customer", "Seller", "Supplier", etc.), the authorized person on whose behalf the foreign exchange contract is concluded, the names of the founders or other documents on the basis of which the constituent management bodies or representatives of the counterparties act when concluding a foreign exchange contract.

Regarding the subject matter of the ZED contract, it is indicated here which goods (works, services) or other objects of civil rights that one of the counterparties must supply (perform) to the other, specifying the exact name, brand, content of the service or the final result of work or a completed object. If the goods (works, services) require a more detailed description or the nomenclature of goods (works, services) is significant, then such data can be specified in an appendix or specification and must be an integral part of the FTA contract, as stated in the text of the contract itself.

Regarding price and total cost. The price per unit of measurement of the product is indicated here, as well as the total cost of the product (works, services), except when the prices are calculated according to the formula, and the currency of the contract. If goods of different quality and assortment are delivered, the price is indicated separately for each product of each grade, type, and brand.

Terms of payments. Conditions on the currency of payment, methods, procedure and terms of monetary or other settlements and guarantees of payment obligations by the parties. It can also be indicated on the basis of which documents payment, prepayment is made, and on whose account bank commissions are paid.

Regarding the term of the contract. The contract can be open-ended, that is, until the parties fully fulfill their obligations under the contract, or with a fixed date of termination of the contract.

Details of the parties. The location or place of residence of the parties is indicated (address, town, country), complete postal and payment details of the contracting parties.

As an example, you can consider the option at the link: https://static.privatbank.ua/files/data/dogovor/%D0%97%D1%80%D0%B0%D0%B7%D0%BE%D0%BA% 20%D0%B7%D0%BE%D0%B2%D0%BD%D1%96%D1%88%D0%BD%D1%8C%D0%BE%D0%B5%D0%BA%D0%BE% D0%BD%D0%BE%D0%BC%D1%96%D1%87%D0%BD%D0%BE%D0%B3%D0%BE%20%D0%BA%D0%BE%D0%BD% D1%82%D1%80%D0%B0%D0%BA%D1%82%D1%83.docx