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What do the initials NCNDA stand for in the diamond business?
NCNDA in the diamond industry stands for the same concept as it does in any business: Non Circumvention/Non Disclosure Agreements. These agreements prevent people from doing business outside the distribution channel that exists and must be respected.
I am Middleman for foreign Seller who have agreed to pay me commission after complete the business transaction how to ensure my commission being paid to me in my country?
Make sure you make both sign NCNDA but don't include IMFPA together with the NCNDA. Prepare a seperate IMFPA specially for the seller. This will hide the actual price from the buyer. drop me an email neo@tradexcellence.com I will forward you a sample...cheers!
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