Affected by the new coronavirus-infected pneumonia epidemic, prevention and control has escalated in various places. The WHO announced that it has constituted a public health emergency of international concern, and many foreign trade enterprises have been affected in production and trade.
In order to help foreign trade companies better withstand the risks in this outbreak, financial institutions that serve companies to “go global” are actively planning. On January 31, Guangdong Branch of China Export Credit Insurance Corporation provided a measure and suggestions for the province’s export enterprises to respond to the epidemic situation:
First, check upstream to ensure the supply of raw materials
Investigate suppliers of product raw materials, and actively communicate with upstream component companies to confirm the latest planned dates for production and shipment. If the raw material supplier is greatly affected by the epidemic, it is difficult to ensure the supply of raw materials, make adjustments as soon as possible, and take measures such as backup material switching to ensure supply.
Second, verify the transportation and ensure the transportation efficiency of incoming materials and shipments
Affected by the epidemic, traffic in many cities was blocked. Upstream shipments of incoming materials may be delayed, and timely communication is required to make corresponding production adjustments if necessary.
- If any order in hand is not shipped, make transportation arrangements in time, make sure the amount is in advance, and try to avoid delay in delivery.
- If there are orders shipped, please follow up and remind the downstream delivery time in time.
Third, sort out orders in hand to prevent the risk of late delivery
- For orders in hand, if there is a possibility of delayed delivery, please communicate with the buyer as soon as possible to adjust the delivery time, try to understand the buyer, re-sign the relevant agreement or supplement the agreement, adjust the trade documents, and keep a written record of communication. If the negotiation fails, and the buyer accordingly indicates that the order will be cancelled, it is forbidden to blindly ship and avoid further loss.
- For customers who have been insured before the shipment of the China Insurance Corporation of China Insurance, they can report the damage to the China Insurance Corporation of China Guangdong Branch, and the China Insurance Corporation of Guangdong Branch shall proceed with the processing according to the policy agreement. At the same time, if due to the impact of the epidemic situation, it is impossible to perform the international trade contract as scheduled or fail to perform, the enterprise may apply to the local CCPIT for relevant factual certification. (Note: Different countries have different conventions on force majeure, and some countries do not take force majeure as a statutory reason why the contract cannot be performed.)
Fourth, follow the payment and actively take derogation measures
As for the goods that have been shipped, if the buyer refuses to accept or default on the payment due to the outbreak in China, please strive to keep the relevant evidence with the buyer in accordance with the law and the law in accordance with the overall performance of the trade. help.
Fifth, plan ahead and seek a balance between safe production and business development
The export company should properly arrange the resumption of work, scheduling plans and future orders in accordance with the actual situation, and work with partners to overcome difficulties, not to avoid problems, not to panic, and to minimize the risk of overseas buyers transferring orders to ensure the normal follow-up of the company. 2. Fully resume production.
Sixth, use policies to make extensive efforts to overcome difficulties
At present, the provincial and municipal governments have successively introduced various foreign trade stabilization policies and the latest countermeasures against the epidemic situation. Enterprises can actively pay attention to it and take advantage of various parties to effectively respond to the impact of the epidemic situation.
Collected by Shenzhen World Packing Industrial Limited
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