shamout trade company represented by Mr . Mohammad gassan shamout is happy to deal with you and to be your agent in Syria, and to make our cooperation useful we must do it according to these terms: 1-      you must give us a letter of agency to represent you in Syria 2-      we must make a contract between each other ( shamout company and your supplier  company )  in your price and our terms which mentioned in LOI in this contract we will clarify each party responsibility you will be responsible of delivering the product to the buyer  according to LOI ( cif latakia or tartus port in Syria )  if you fails to complete the works called for in this contract according to the schedule  you will pay penalty amount 0.1% of the shipment value for each day . and shamout company  responsible of paying all charges in Syria and doing everything concerning this transaction and you will not bay any thing . 3-      the buyer will open  l\c  ( Irrevocable, nontransferable, Divisible, Auto Revolving  Revolving for the value of the contract Letter of Credit, 100% payment after the shipment arriving and matching the specification with the LOI before the discharging , for the duration of the contract ) after ten days of signing the contract to your bank . the l\c  will be opened for $ / MT for your company and the rest will be for shamout company as  taxes and charges paid in Syria and commission shamout company ) . please if you need more information do not hesitate to contact us and please answer quickly 3. SPECIFICATIONS:   BS 12, ASTM 150, SANS 50197-1 (SABS), EN 197 Part 1 & 2   4. ORIGIN:    Sellers option to be agreed between both parties   8. MODE OF PAYMENT:  Irrevocable, nonTransferable, Divisible, AutoRevolving  Revolving for the value of the contract Letter of Credit, 100% payment after the shipment arriving and matching the specification with the loi before the discharging for the duration of the contract.