Documents - A certificate of force majeure, for example, in connection with the coronavirus pandemic.
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Due to a pandemic most of the suppliers were unable to fulfill their obligations to deliver goods to the Russian Federation on time. This case is force majeure under contract.
As a result, the consequence is a violation of contractual obligations in the supply chain to Russian buyers of goods (restaurants, stores, retail chains, etc.). Also, the violation is not compliance with the requirements of the currency legislation of the Russian Federation — the money under the contract was received by a foreign counterparty, but the goods were not-the basis for bringing to justice under Part 5 of Article 15.25 of the Administrative Code of the Russian Federation, Article 193 of the Criminal Code of the Russian Federation.
To confirm to importers the fact that it is impossible to fulfill current obligations to counterparties and to exclude the risk of civil liability in the period of force majeure, registration is required certificate of force majeure in the supplier's country. It is also needed forconfirmation of the legitimacy of the payment of funds for undelivered goods for submission to the bank.
For example in China The certificate is issued by the China International Trade Promotion Committee (CCPIT).
We can help you get this Certificate for China and the EU.
