- Negotiation: (definition)
Negotiation is a process where two parties with differences which they need to resolve are trying to reach agreement through exploring for options and exchanging offers- and an agreement.
Firstly, negotiation is a process-a sequence of activities, perhaps with an underlying pattern. Secondly, we need two parties for a negotiation. Thirdly there must be differences. T
means the party in whose favour a credit is issued.
Complying presentation means a presentation that is in accordance with the terms and conditions of the credit, the applicable provisions of these rules and international standard banking practice.
Confirmation means a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying pr
negotiating bank) 및 선의의 어음소지인(bona fide bolders)에게 대금지급을 확약하는 서장으로서, UCP 500 제2조 “신용장의 정의(Meaning of Credit)”에 규정된 내용을 요약하면 다음과 같다.
① 개설의뢰인(customer, the Applicant)의 요청(Request)과 지시(instruction)에 따라 개설은행(Issuing Bank)이 개설하고,
② 수출상인 수
negotiate together (either as a trade bloc or as a forum of individual members of their FTA) another free trade agreement with some external country (or countries) — then the new FTA will consist of the old FTA plus the new country (or countries).
Within an industrialized country there are usually few if any significant barriers to the easy exchange of goods and services between parts o
6. 신용장거래의 법률관계
(1) 개설의뢰인과 개설은행간의 법률관계
매수인은 먼저 거래은행과 외국환거래약정을 체결하여 신용장 개설을 의뢰하게 되는데 개설의뢰인과 개설은행의 기본적 법률관계는 이들 사이에 체결되는 외국환거래약정서에 의하여 결정된다. 개설은행은 이러한 약정에 따라