Standard for International Business Transactions




1. International trade involves supplying goods to one country, in return for goods or an amount

	or currency from the that country.

	Alternatively, services may be provided in return for payment in goods or currency.


2. Contracts should specify the area of law that they operate under, generally the laws of one country,

	for example the laws of Malaysia, Australia, etc.


3. Agreements in relation to transaction should be made by general discussion, then one party sending an offer

	to the other party. The second party may reply with some suggested changes. This interaction should

	go back and forth several times, until one party accepts the most recent offer of the other party, 
	
	or decides that it would be best to not continue to seek to make an agreement. In this case there

	is no reason that an agreement could not be made at some time in the future.


4. Examples of agreements

	Industrial printing press, in exchange for 100 tonnes of coffee, delivered in 12 installments

		by the end of each month, March 2012 to March 2013.



	Development of a major commercial website, in exchange for $10M Australian Dollars.


	
	These are examples only not real transactions.


