The companies who would like to sell goods to G.T.C. for the first time are usually required to send full information about themselves in response to a questionnaire which is sent to them. A copy of the Questionnaire is hereby attached. After reviewing the replies, and finding the companies capable of doing businesses with G.T.C. they are asked to provide us a Bid bond equal to 1 pct of the total value of their offer for our consideration. In case a contract is concluded, the said bid bond will be converted into an unconditional performance bank guarantee (U.P.B.G.) equal to 5 pct of the contract value. In case a P.B.G. is issued or no contract is concluded, the bid bond is released. Texts of the said bid bond and U.P.B.G are enclosed.

The main origins of our imported goods are: 

	Wheat: Canada, Australia, The EEC, Argentine, Kazakhstan and Eastern Europe.
	Sugar: The EEC, Brazil, Cuba, South Africa, Australia And Thailand.
	Rice: Thailand, Vietnam, Uruguay, Argentina, Pakistan and India.
	Crude vegetable oil (soybean / sunflower seed oil): Argentine and Brazil.
	Fertilizer: Morocco, Tunisia, Saudi Arabia ,CIS Countries and East European Countries
	Chicken: France and Brazil.
	Baby milk powder: European Countries, Australia.

G.T.C's contracts are as follows:

1. G.T.C requires its suppliers to open an unconditional bank guarantee within 7 days after the conclusion of the contract.

2. After receipt of the said U.P.B.G., G.T.C. Opens an irrevocable, non-confirmed, non-transferable letter of usually through the Central Bank of Iran.

3. G.T.C. appoints an inspection company at the sellers account to inspect the quality and quantity of the cargo. Additionally reserves the right to send its experts to supervise the inspection and loading process and to countersign the inspection documents.

4. All G.T.C's contracts are governed by the Iranian laws and regulations.