Companies looking to expand their operations to a new, foreign market often need guidance on a range of issues related to the new market, including brand promotion, market research or local incentive schemes. The increasing use of local consultants in these circumstances highlights the need for a set of standard terms to govern such consultancy arrangements. ICC has drafted this model contract to provide such companies and their advisors with an internationally-applicable, fair, and balanced template.

This model contract, one of a successful series produced by the ICC Commission on Commercial Law and Practice under the leadership of Co-Chair Fabio Bortolotti (Italy), has benefited from the active participation of the following members of the Working Group, chaired by Ercüment Erdem (Turkey), Co-Chair of the Commission on Commercial Law and Practice: José Gabriel Assis de Almeida (Brazil); Ecem Cetinyilmaz (Turkey); Sergi Giménez Binder (Spain); Francisco Blavi (Chile); Paolo Grandi (Italy); Pieter Haesaert (Belgium); Marcos de Campos Ludwig (Brazil); and Galyah Natan-Epstein (Israel).

The model also benefitted from active involvement of the ICC national committee network, which provided comments on several drafts.

ICC Secretariat leadership was provided by Emily O’Connor, Head of Policy - Commercial Law and Practice.