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More than 7000 factual proof of force majeure, involving a contract amount of approximately 690 billion RMB!

2020/4/24 12:36:50

On the 21st, the reporter learned from the China Council for the Promotion of International Trade that the national trade promotion system has issued more than 7000 force majeure factual certificates, helping enterprises affected by the epidemic to delay delivery and reduce related responsibilities.


As of April 20th, a total of 105 commercial certification authorized institutions in the national trade promotion system have issued a total of 7004 force majeure factual certificates, involving a contract amount of approximately 690 billion yuan.


It is reported that the main purpose of issuing a force majeure factual certificate is to help enterprises maintain orders and complete contract performance as soon as conditions permit. At the same time, a force majeure evidence is also retained for future use in disputes. The relevant person in charge of the China Council for the Promotion of International Trade stated that with the basic control of the epidemic in China, most enterprises in various regions have resumed work and production, and the factor that enterprises are unable to fulfill contracts due to epidemic prevention and control measures is gradually eliminated, The demand for enterprises to apply for proof of force majeure has also significantly decreased.



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