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Hubei'S First Foreign-Related Commercial Legal Service Platform Was Established

2014/7/25 13:04:00 35

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Hubei Province Foreign-Related Commercial And Legal Service Platform

Under the organization of < a href= "http:// m.pmae.cn/news/index_c.asp" > Trade Promotion Committee < /a > in Hubei Province, Hubei International Chamber of commerce legal service center was formally established, and the first foreign-related commercial legal service platform in our province was established in P. "Our province has gone out and wants to go out more and more enterprises." a href= "http:// m.pmae.cn/news/index_c.asp" > foreign law < /a > has also increased. "Zhou Caijuan, President of CCPIT, said that the establishment of the service center will provide legal advice, consultancy, mediation, arbitration disputes and other services to enterprises, so as to help Hubei enterprises successfully develop the international market. 
 it is understood that the provincial council for trade promotion will also organize experts from legal service centers to provide on-site services for key enterprises and open an international commercial legal service supermarket on the website. At the same time, the provincial council for trade promotion will also hold seminars on foreign trade and business and legal knowledge. 
 in the first a href= "http:// m.pmae.cn/news/index_c.asp" > law /a lecture held yesterday, Liu Xiaobing, the chief representative of the Beijing Office of the international law firm, and British Chinese lawyer, took a loss of $4 billion 150 million from the Mecca light rail project of a large enterprise in 2010 as a case to remind enterprises to consult professional lawyers promptly when the project is in a loss or when the contract changes substantially, so as to safeguard their legitimate rights and interests by legal means. 
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Sun Zhiwei, general manager of the International Settlement Department of the Shandong branch of the Bank of China, said that in the letter of guarantee business, the bank could provide a feasible and controllable letter of guarantee business for the client in line with the state, regional laws and local banks' management style of the letter of guarantee beneficiaries. P If necessary, we can also intervene in business negotiations ahead of time, and put forward amendments and suggestions from the perspective of banking professionals. We should avoid circumvention and unfavorable clauses in business contracts reasonably and prudently. 
 the head of a Equipment Manufacturing Company in Dongying has a fresh memory of a guarantee business in 2010. In those days, when the company exported machinery to Middle East customers, based on the trust requirements of customers, it adopted the text provided by the customer to open a letter of guarantee and submitted the materials to the Bank of China Shandong branch. After examination, the bank found that the terms of the guarantee were unfair and implied potential risks. 
 for this purpose, the bank promptly communicated with the company, explaining its interests and helping to amend the corresponding provisions. Shortly after the letter of guarantee was opened, the Middle East customer made a claim for compensation because of the deterioration of the cooperation relationship between the buyer and the seller. The Bank of China effectively refused to pay according to the terms of the guarantee, thereby eliminating huge capital losses for the domestic company. Since then, all the foreign guarantee businesses of the company have been handed over to the Bank of China. 
"P >" whether it is import and export trade, overseas project construction or overseas investment and financing projects, it is inseparable from the support of bank guarantee business. Especially for large projects and investment and financing projects, the demand for bank guarantee is even higher. " Sun Zhiwei said. 
 2012, a large enterprise in the province is going to buy overseas yacht companies in the sea. In the process of mergers and acquisitions, banks need to provide professional advice and financing support. The Shandong branch of the Bank of China has carefully designed the product plan for its guarantee letter, and won it in the fierce competition of the same industry. It has opened a total of $530 million worth of foreign guarantee for the project, and has successfully completed the merger with the enterprise. Through the implementation of the scheme, the financial cost of the behavior enterprises is nearly 10 million yuan.