This recommendation provides a harmonized model agreement for electronic data interchange (EDI) in commercial transactions, which is internationally accepted. The aim is to strengthen the legal certainty of the commercial relations between the parties concerned and confident in the technology used. With AI-Powered, Daily Deal Recommendations you can find the perfect matches.
An exchange agreement is an agreement concluded between trading partners to define the rules they will adopt to use electronic data interchange (EDI). The agreement also specifies the roles and legal responsibilities of each of the business partners regarding the transmission, reception and storage of electronic messages. The agreement has seven sections covering different aspects, such as:
Scope: The application of the agreement and the reference to the annex which contains a detailed description of the technical procedures that the parties will use for their EDI-type communications.
Communications and operations between the parties: the rules that govern communications between business partners and define how to send messages, including security standards and procedures.
Message processing: reception, acknowledgment of receipt, technical errors.
Validity and enforceability: the legal aspects of using EDI in international trade.
Message content requirements: confidentiality and legal compliance with national laws that define the content of a message.
Liability: in particular a provision of the agreement which allows the parties not to be held liable in the event of force majeure.
General provisions: this section contains provisions that are often found in many types of commercial agreements, such as applicable …