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Credit Reference.
2) Establishment of Contract
⑴ Formal Offer.
⑵ Counter Offer and Firm Offer.
⑶ Acceptance.
⑷ Formal Order.
⑸ Acknowledge.
3) Execution of Contract
⑴ Opening of Letter of Credit.
⑵ Manufacturing.
⑶ Terms of Payment.
⑷ Terms of Shipment.
⑸ Terms of Insurance.
⑹ Terms of Packing.
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