This session will address the first topic in the series, models for the design and structure of international / global agreements, including signature requirements and methods
One consequence of today's economic realignment is that a growing number of companies are seeking to increase their share of international business. This comes at a time when the regulators' eyes are especially vigilant towards overseas trading relationships.
In combination, a result of these developments is that international contracting and commercial practices are coming under the executive spotlight. They want to ensure that contract terms are competitive, that contract structures are efficient and that review and approval processes are thorough, without causing long delays.
The result is that IACCM, as the only international association for contracting and commercial issues, has seen a flurry of requests for help in areas such as:
- models for the design and structure of international / global agreements, including signature requirements and methods
- internal review and approval procedures for multi-country contracts
- due diligence methods for validating / monitoring overseas suppliers, sub-contractors, sales agents and distributors
- software tools and systems that can assist in managing the efficiency and speed of international contracting
- skills and knowledge development for staff involved in international contracts, especially in respect of emerging markets
- 'best practices' in handling requirements for local content and off-set agreements
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