Conclude contract and trade terms

Activities and Associated Documentary Requirements: 1 Indian importer collects initial information about the capability of the relevant exporters and sends queries about the price of the products. 2 Exporter collects information regarding price of raw jute from the local market and costs of other materials for processing jute hessian bags for shipment and prepares a proforma invoice to inform potential importers about price and sales terms. 3 Importer reviews the quotation and determines if the quoted price and sales terms are acceptable. If the quoted price and sales terms are not acceptable, importer negotiates with the exporter. 4 If the quoted price and sales terms are acceptable, the importer confirms the purchase of goods with a purchase order. 5 Exporter acknowledges the receipt of the purchase order and sends the sales contract, in which he confirms that the jute hessian bags will be delivered according to the terms and conditions. 6 The importer signs the sales contract and sends it to the exporter.