International trading refers to the movement of goods and services between different countries. This is likely to include:

• Sale of goods
• Distribution agreements
• Sales or Marketing Agency agreements
• Equipment leasing and financing arrangements
• Intellectual Property licenses and transfers
• Software sales and maintenance agreements

In addition to the usual issues in all commercial contracts, such as pricing, delivery terms and warranties, international trade raises specific issues, for example:

• Currency and payment transfers
• Choice of governing law
• Cultural issues (such as the extent to which terms are expected to be expressly included in agreements or implied)
• Matters arising from the parties being in different time zones
• Import/export issues (such as licences, freight terms etc)
• Language issues

It is therefore essential that, where trading parties are from different countries, they record their trading terms in a properly drafted contract.

Healys has extensive experience and expertise in international trading, including drafting contracts for the sale and supply of goods and services, agency and distribution agreements and intellectual property licensing. We are also experienced in disputes arising out of international trade. We work closely with foreign lawyers and can introduce our clients to such advisers when necessary. We take a realistic and commercial approach to a client's needs, always ensuring that we understand the client's business.