We offer consultancy especially in foreign trade law. For internationally active industrial and commercial enterprises, it is important to inform the clients precisely in foreign trade through restrictions and arrangements of duties to act.
Certain activities and exports in the field of foreign trade are strictly forbidden or in any case subject to approval. For example, some fields require the approval of the Federal Ministry of Economics and Technology. Also embargoes which include prohibitions and restrictions of foreign trade, have to be taken in consideration. It is therefore important to obtain information from any business transaction of any export restrictions in foreign trade and export controls.
Especially in foreign trade, it is indispensable to be informed before signing the contract on hedging opportunities in foreign trade. This includes, for example, the so-called “export clause”. This is a contractual agreement between the supplier and the recipient to regulate power disturbances that may arise due to licensing requirements and external prohibitions.