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Managing Partner Lawyer Jin Bingyi from Runyi Firm Was Invited to Conduct Legal Training for Shanghai Pudong Development Machinery Industry Co., Ltd.

2014-11-19 · Admin

On August 27, 2014, Lawyer Jin Bingyi, Managing Partner of Runyi Law Firm, was invited to conduct legal training for Shanghai Pudong Development Machinery, with the lecture theme of "Letter of Credit Financing in Import Agency Business and Legal Risks in Export Agency Business".

With the rapid development of China's foreign trade economy, foreign merchants continue to enter the Chinese market, and import-export agency business is increasingly applied in international trade practices, being one of the widely adopted trade methods. Letter of credit, with its security and independence, has always occupied a dominant position in the stage of international trade. However, due to legal and procedural deficiencies, there are various risks in import-export agency business. Lawyer Jin, combined with the import-export agency business operated by Pudong Development Machinery, thoroughly explained the risk challenges of import-export agency business in an accessible manner, with both theoretical and practical aspects, and proposed corresponding strategies and suggestions for the enterprise, which was highly praised by the attending leaders and colleagues.

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