Conclude contract and trade terms

Case Study

Title: Export of Rice from Myanmar to West Africa, 2013

Corridors and Routes: Bago/Delta Area - Yangon Port - (Singapore) - West Africa

Trade Product: Rice

Trade Type: Export

Process Analysis: Export from Myanmar

Exporting Country: Myanmar

Importing Country: Burkina Faso

Category: Contract between seller and buyer

Country and Procedure Description: Conclude contract and trade terms/Buy (Export from MMR to CIV and BFA/Rice)

Related Rules, Laws and Regulations: -Incoterms

Actors and Participants: - Exporter (or representative)
- Importer

Input Criteria to Enter or Begin the Business Process: - Exporter has a list of potential rice buyers.

Activities and Associated Documentary Requirements: 1 Exporter prepares a quotation to inform potential buyers (importers) about price and sales terms. 2 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. 3 If the quoted price and sales terms are acceptable, the importer confirms the purchase of goods with a purchase order. 4 Exporter prepares the delivery of goods accordingly. 5 Exporter acknowledges the receipt of the purchase order and confirms that the rice will be delivered according to established conditions and terms by sending the importer a proforma invoice. 6 Importer receives the proforma invoice.

Output Criteria to Exit the Business Process: -Exporter and importer agreed on the price and contract terms and have concluded the sales contract.
-Based on the purchase order, the exporter starts to prepare the export of goods.

Activity Diagrams:

Number of Required Documents: 3

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