The global equipment procurement volume is projected to exceed $2.3 trillion by 2025, yet nearly 40% of import disputes stem from contractual loopholes. As a core tool for risk control, the tripartite agency agreement directly impacts whether millions of dollars' worth of equipment can clear customs smoothly. Based on 20 years of practical experience, this article dissects the key risk points in such agreements.
A typical tripartite agreement needs to balance the rights and interests of the importer, agent, and supplier:
According to the latest HS code adjustment plan, industrial Equipment import Special attention should be paid to:
In 2024, when a company in Zhejiang imported stamping equipment from Germany, the agreement failed to specify:
This ultimately resulted in additional expenditures amounting to 18% of the contract value. The revised agreement added:
It is recommended that enterprises establish:
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