• Legal framework required


    Managing and limiting risk is essential in the international coffee trade and shipping environment. Knowing and trusting one's counterparts is not always easy. Managing the risks inherent in negotiable documents requires security, non-repudiation and certainty of delivery.

    Although some companies have been using e-commerce for some time despite the lack of specific international or national legislation, the lack of legal clarity has slowed acceptance. The electronic exchange of data does not in itself pose a problem. However, when the data represent contracts, negotiable instruments or payments, a clear legal and neutral framework is required. In the absence of uniform national legislation, this framework can take the form of a multilateral contract that binds all participants to rules of conduct that are necessary for these transactions to work.

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