International contracts: many traders mistakenly believe that by not regulating their relations with counterparties in writing, they avoid assuming obligations.
What commonly happens in wineries:
- “spot” orders from foreign customers
- regular orders placed in the long-term relationship context (such as agency or distribution contracts)
Singapore, November 6th, 2023 – I attended a nice B2B wine tasting event organized by DealExport at 13% Wine Bistro in Singapore. The event showcased multiple French wineries looking for potential distributors in the Singapore market. Over 50 labels were available for sampling, but the highlight for me was the incredible Champagne flight featuring 19 different bubbly.