A Report On The Translation Of Global Contract For Equipment And Material Purchase

As the main participant in business trade,enterprise is very important in business activities.There are many factors to facilitate a successful trade.From the company's view,the vital factor of a successful trade is contract.The parties sign a contract after communication and negotiation.The contract makes rules,items,rights and liabilities of both parties,and thus they can achieve win via obeying of the contract.In all,contract plays the key role in business trade.However,in world trade,different background and languages as well as communication problem have become big obstacles to cooperation.During the process,the company must translate the contract into its own language and then the business may succeed.The importance of translation of contract is self-evident.The aim of contract is to bind the parties together by rules,rights and obligations upon which the trade can be done legally and fairly.Therefore,whenever draw up or translate a contract,they need to pay attention to meet the request of law and its language,and also clear both parties' responsibilities.The mis-translation or missing translation of contract can give rise to inestimable loses.Therefore,it is very important to research the translation of contract,master the vocabulary and sentences and its characters,which will contribute to definite the parties' rights and obligations;cooperate with each other and achieve success;when they have objections and disputes,contract can handle these problems.It can also help China gain advantages and have a smooth development.