A standard international export contract was approved by the association in October of 2007. The committee will review the contract periodically based on feedback from the trade. An arbitration committee will be established on a case by case basis. Any dispute arisen out of this contract which cannot be amicably resolved by negotiation nor by mediation is to be submitted to the LCIA – London Court of International Arbritation and the Rules of such institution to apply to the arbitration.
The IETHA export contract is truly international, valid FOB at any origin.
IETHA STANDARD CONTRACT OCT 1st'2007 (PDF: 145KB)