The DRC Trading Standards are general rules of conduct for members to adhere to. They act as default rules when parties cannot agree on the terms of the sale. If members want to create a contract with their vendors that does not conform with the Trading Standards we will refer to that contract during the dispute resolution process rather than the DRC Trading Standards.
I’ve been following DRC’s work since 2014, and it’s been amazing to see all the developments and the impact the DRC continues to make in promoting fair and efficient dispute resolution practices. When I contributed my comments and suggestions to the Zero Draft of the UNIDROIT Legal Guide on Contract Farming, I had the DRC in mind as a model of success. It’s wonderful to see the continued growth and influence of such a valuable organization! Looking forward to following DRC’s future work.
