Common use of Foreign trade Clause in Contracts

Foreign trade. Foreign trade shall mean the water-borne carriage of men, materials, goods or wares between: (i) A point in the United States and a point in a foreign country; (ii) Two points in the domestic trade permitted under the first sentence of 46 U.S.C. 53101 note; or (iii) Two points in the same foreign country or points in two different for- eign countries in the case of liquid and dry bulk cargo carrying services pro- vided the party demonstrates that such operating flexibility is needed to com- ▇▇▇▇ with foreign flag vessels in its op- erations or in competing for charters.

Appears in 5 contracts

Sources: Reconstruction Agreement, Reconstruction Agreement, Reconstruction Agreement