Attorney
Lawyer, specializing in real estate and construction legal issues. Has deep expertise in the field of business activities and support of commercial projects.
Case: Development of a foreign trade contract for the carriage of goods from Europe
Service: Foreign Economic Contract
Client’s Task
A Ukrainian company approached us with the need to organize safe and legally protected cargo transportation from an EU country. Key requirements:
- minimization of risks during international transportation;
- clear definition of the parties’ responsibilities;
- compliance with Ukrainian customs and currency legislation;
- adaptation of contract terms to Incoterms 2020 rules.
Our Actions
- Risk and client needs analysis
• examined the transportation route and potential risks (cargo damage, customs delays, force majeure).
• determined the optimal Incoterms delivery basis. - Contract drafting
• prepared a draft foreign economic contract in Ukrainian and English;
• set out clear terms regarding carrier’s liability and cargo insurance;
• included provisions on delivery deadlines, penalties for delays, and dispute resolution procedures. - Legal support
• coordinated the contract with the foreign counterparty;
• verified compliance with NBU currency regulations and Ukrainian customs law.
Result
- The client received a clear and balanced contract that minimizes risks and ensures the protection of their interests in case of disputes.
- The cargo transportation went smoothly, and the goods were delivered on time.
- Thanks to our solutions, the client saved costs on insurance and avoided potential fines for mistakes in FEA documentation.
Conclusion
A properly prepared foreign economic contract is the key to successful international transportation. Our expertise in foreign economic activity enables Ukrainian companies to confidently cooperate with European partners and avoid legal risks.