📚 A Basic Definition in English Here is a core definition from an English source: Demurrage: “A separate freight charge, in addition to ordinary shipping costs, which is imposed according to the terms of a carriage contract upon the person responsible for unreasonable delays in loading or unloading cargo. In maritime law, demurrage is the...Continue Reading

Here is the correct order and explanation, presented in English: Corrected Sequence and Explanation There is an apparent inconsistency between the two clauses. However, in standard practice, they work together in the following sequence: Guarantee Phase: The buyer issues an SBLC (Standby Letter of Credit) to the seller. The seller’s bank approves (confirms) the SBLC....Continue Reading

Between Two Companies ──────────────────────── This Escrow Account Agreement is entered into on [Date] by and between the following parties: 1. Seller:Company Name: ……………………………Country of Registration: ……………………………Official Address: ……………………………Authorized Representative: ……………………………Company ID / Commercial Registration: …………………………… 2. Buyer:Company Name: ……………………………Country of Registration: ……………………………Official Address: ……………………………Authorized Representative: ……………………………Company ID / Commercial Registration: …………………………… 3. Escrow Bank:Bank Name:...Continue Reading

www.Ghlolo.com The Seller (Beneficiary) must carefully check, verify, and document all of the following upon receiving an SBLC from the buyer (Applicant). Note:An SBLC is a banking commitment, and its precise wording (Verbiage) determines its enforceability and risk level.Before accepting any SBLC, its text must be reviewed by a financial advisor or banking legal counsel....Continue Reading

Essential Documents to Bring With You Business Cards (Sufficient: 20-30 units; one elegant one in your pocket and the rest in the folder) Official Company Introduction Letter (Letter of Introduction) — On official company letterhead, stamped and signed, containing the representative’s scope of authority and the meeting’s purpose. Power of Attorney / Letter of Authority...Continue Reading

This procedure is precise and professional, serving as an excellent roadmap for creating a powerful initial impact and building a solid foundation for a successful business meeting. The analysis and summary are as follows: Key Analysis of the Procedure: Precise Organization and Timing: Dividing the 120 seconds into 30-second phases with clearly defined objectives demonstrates...Continue Reading

🥘 Two Main Types of Food Safety Certifications There are two primary levels of certification you’ll encounter. The table below summarizes the key differences. FeatureFood Handler CardFood Manager CertificationWho needs itAll food employees preparing, storing, or serving food (e.g., cooks, servers, bartenders).At least one owner or supervisor per food facility.Scope of TrainingBasic food safety principles.Comprehensive...Continue Reading

Iran has a growing domestic and export market for semi-prepared and frozen foods, driven by changing consumer habits and demand for convenient, healthy alternatives to home-cooked meals . Production Capacity: The industry utilizes advanced technology, with products often frozen at -40°C to preserve quality, making them competitive with international products . Economic Value: Processing potatoes into semi-finished...Continue Reading

Identify; Verify; Document; Restrict — these are the four key steps. Insist on an MT760 + confirmation from a reputable bank. Draft the SBLC text precisely and with a focus on documentation (avoid ambiguous phrases). Use escrow and tripartite agreements in large transactions. In case of a suspicious payment, take immediate legal and inter-bank action...Continue Reading

🌍 Export of Fresh Fruit from Iran The direct translation of “صادرات میوه تازه از ایران” is “Export of fresh fruit from Iran”. In the context of international trade, you might also use phrases like: Exporting fresh fruit from Iran Iran’s fresh fruit exports 🍎 Trade with the United Kingdom There is an active trade...Continue Reading