099002_制全套议付单据.doc

ISSUE OF DOCUMENTARY CREDIT TO: BANK OF CHINA,SHANGHAI BRANCH,CHINA ATTN: L/C DEPT FROM: COMMERCIAL BANK OF ETHIOPIA,ADDIS ABABA, ETHIOPIA DATE:15-01-2009 WE HEREBY OPEN OUR IRREVOCABLE DOCUMENTARY LETTER OF CREDIT NO.LC/78563 FAVOURING M/S SHANGHAI CHEMICALS IMPORT AND EXPORT CORPORATION, 16 JIANG YAN LU SHANGHAI CHINA BY ORDER OF MAGIC INTERNATIONAL PLC, DEBRE ZEIT ROAD, ADDIS ABABA ETHIOPIA TO THE EXTENT OF USD 31067.10 CFR ASSAB AVAILABLE BY NEGOTIATION WITH ANY BANK AGAINST THE DOCUMENTS DETAILED HEREIN AND BENEFICIARY’S DRAFTS AT 60 DAYS AFTER B/L DATE DRAWN ON OURSELVES FOR 100% OF THE INVOICE VALUE. 1.SIGNED COMMERCIAL INVOICES IN FIVE COPIES SHECIFYING FOB VALUE AND FREIGHT CHARGES AND ALL COPIES CERTIFIED BY THE CHINA COUNCIL FOR THE PROMOTION FO INTERNATIONAL TRADE INDICATING EXCHANGE CONTROL LICENCE NO.749/000066 JANJUARY 02,2009 2.PACKING LIST IN FIVE COPIES INDICATING GROSS AND NET WEIGHT OF EACH ROLL 3.FULL SET OF CLEAN ON BOARD OCEAN BILLS OF LADING AND ONE NON-NEGOTIABLE COPY MADE OUT TO ORDER OF COMMERCIAL BANK OF ETHIOPIA AND NOTIFYING MAGIC INTERNATIONAL PLC MARKED FREIGHT PREPAID 4.CERTIFICATE OF ORIGIN ISSUED BY THE CHINA COUNCIL FOR THE PROMOTION OF INTERNATIONAL TRADE IN TWO COPIES COVERING SHIPMENT OF 120 ROLLS 100MMx4Px350 AND 30 ROLLS 125MMx4Px350 TRANSMISSION BELT AS PER CONTRACT NO. 08PI/421/122 DATED DEC 26 2008 TERMS CFR ASSAB INSURANCE COVERED LOCALLY BY BUYER THE EXPIRY PLACE OF THE CREDIT IS CHINA PARTIAL SHIPMENTS ARE NOT PERMITTED TRANSHIPMENT ARE PERMITTED SHIPMENT FROM SHANGHAI TO ASSAB NOT LATER THAN 21ST MARCH 2009 THIS CREDIT IS VALID FOR NEGOTIATION NOT LATER THAN 5TH APRIL,2009 ALL BANKING CHARGES OUTSIDE ETHIOPOA ARE FOR ACCOUNT OF THE BENEFICIARY PROCIDED THAT ALL TERMS AND CONDITIONS OF THE LETTER OF CREDIT HAVE BEEN COMPLIED WITH, WE UNDERTAKE TO HONOUR YOUR CLAIMS IN ACCORDANCE WITH YOUR INSTRUCTIONS VALUE THREE BUSINESS DAYS FROM THE DATE OF RECEIPT OF THE SHIPPING DOCUMENTS AT OUR COUNTERS PLEASE FORWARD THE ORIGI