INTERNATIONAL TRADE - international trade negotiations and Memorandum of Understanding.

Written by Avv. Salvatore Frattallone. Posted in International Business Law

When two entrepreneurs begin to deal, trying to end a deal, talk, exchange messages, fax and e-mail, make phone calls, take notes, and sketch some aspects of the deal. In particular, in the field of international business, there is the practice of writing a 'letter of intent' (also called LoI), in which to try fixing some points on which an agreement has already been reached, highlighting others that , However, are still to be defined. Mutual benefits, rights and obligations of the parties and the price of the deal are thus outlined in a document, usually very simple and slim, which is called the "Memorandum of Understanding" in International Business Law and which is a sort of reminder to the actual conditions of the contract that will be concluded. The M.o.U. is, in short, the crystallization of negotiations, focusing confidently on meeting the will of future contractors on some of the profiles of their negotiating action, especially in cases where they do not intend to immediately elaborate detailed clauses.

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INTERNATIONAL TRADE - "Dual Use: about reasons on export controls".

Written by Avv. Salvatore Frattallone. Posted in International Business Law

ANALYSIS OF NECESSITY OF EXPORT CONTROLS AND RESTRICTIVE POLICY ON DUTIES.

The global market today has become increasingly competitive and complex.
The role of the lawyer in cross-border transactions is fundamental for a company that wants to strategically operate effectively on international markets. In particular, the most influential factors affecting change are to be seen in geopolitical tensions, the existence of war-related outbreaks affecting relevant areas of the planet, increased terrorist activity, and the recycling of forage in the tendency of some states so-called 'rogue' to try to produce nuclear and chemical-biological weapons in the high-tech cyclone development, which goes hand in hand with the vulnerability of telematic computer systems. Hence an irreversible change. 
More and more countries adopt legislation aimed at introducing international trade control measures. And international trade is no longer the same. Because the risks are far greater than the benefits. 

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