Terms of Service
Last Updated: April 8, 2025
Introduction and Acceptance
These Terms of Service ("Terms") govern your access to and use of the website, services, and applications (collectively, the "Services") provided by VTK Global Trades ("Company," "we," "us," or "our"). By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use the Services.
These Terms constitute a legally binding agreement between you and VTK Global Trades. You represent and warrant that you have the authority to enter into this agreement.
Services Description
VTK Global Trades is an import & export corporation specializing in first degree raw materials and commodities across various industries including Petroleum, Agriculture, Construction, Industrial, Medical Devices, Power/Solar Energy facilities, Tobacco Products, Food & Beverage, Organic Goods, and Cosmetics.
Our Services include but are not limited to:
- Facilitating international trade of commodities and raw materials
- Providing market information and trade consultation
- Assisting with trade documentation and compliance
- Coordinating logistics and shipping arrangements
- Offering trade financing solutions
We reserve the right to modify, suspend, or discontinue any aspect of our Services at any time without notice or liability.
International Trade Compliance
All transactions facilitated through our Services must comply with applicable international trade laws, regulations, sanctions, and embargoes. This includes but is not limited to:
Export Administration Regulations (EAR)
International Traffic in Arms Regulations (ITAR)
Office of Foreign Assets Control (OFAC) sanctions
Foreign Corrupt Practices Act (FCPA)
Anti-money laundering laws and regulations
Local import/export regulations
You represent and warrant that you are not subject to trade restrictions, sanctions, or embargoes that would prohibit you from engaging in transactions with us or through our Services.
User Obligations
In using our Services, you agree to:
Trade Documentation and Procedures
All trade documentation must be complete, accurate, and legally valid. This includes but is not limited to Letters of Intent (LOI), Soft Corporate Offers (SCO), Firm Corporate Offers (FCO), Irrevocable Corporate Purchase Order (ICPO), contracts, invoices, shipping documents, certificates of origin, inspection certificates, and any other documentation required for specific transactions.
You acknowledge that international trade transactions typically follow established procedures and protocols, which may vary depending on the commodity, countries involved, and specific transaction requirements. You agree to follow these procedures as directed by VTK Global Trades.
Payment Terms
Payment terms will be specified in the relevant transaction documents. Common payment methods in international trade include:
Letter of Credit (LC)
Standby Letter of Credit (SBLC)
Documentary Collection
Telegraphic Transfer (T/T)
Bank Guarantee (BG)
You agree to comply with the payment terms specified for your transaction and acknowledge that failure to do so may result in transaction cancellation, financial penalties, or legal action.
Shipping and Delivery
Shipping terms will be specified using standard Incoterms (International Commercial Terms) such as:
FOB (Free On Board)
CIF (Cost, Insurance, and Freight)
CFR (Cost and Freight)
EXW (Ex Works)
FCA (Free Carrier)
DAP (Delivered At Place)
You acknowledge that shipping schedules, routes, and methods are subject to change based on various factors including but not limited to weather conditions, port congestion, customs procedures, and carrier availability.
Inspection and Quality Control
Products may be subject to inspection by independent third-party inspection agencies such as SGS, Bureau Veritas, or Intertek. The scope, timing, and cost of inspections will be specified in the transaction documents. You agree to cooperate with inspection procedures and acknowledge that products must meet the quality specifications outlined in the transaction documents.
Intellectual Property
All content, features, and functionality of our Services, including but not limited to text, graphics, logos, icons, images, audio clips, digital downloads, data compilations, software, and the compilation thereof, are owned by VTK Global Trades, our licensors, or other providers of such material and are protected by international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws.
These Terms do not grant you any right, title, or interest in the Services or our content, nor any intellectual property rights except for the limited license to use the Services in accordance with these Terms.
Confidentiality
You agree to maintain the confidentiality of any proprietary or confidential information disclosed to you in connection with our Services, including but not limited to pricing information, supplier details, customer information, trade secrets, and business strategies. You may not disclose such information to any third party without our prior written consent.
Limitation of Liability
To the maximum extent permitted by law, VTK Global Trades and its officers, directors, employees, agents, affiliates, and partners shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses.
In no event shall our total liability to you for all claims exceed the amount paid by you to us for the specific transaction giving rise to the claim.
Indemnification
You agree to defend, indemnify, and hold harmless VTK Global Trades and its officers, directors, employees, agents, affiliates, and partners from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to your violation of these Terms or your use of the Services.
Dispute Resolution
Any dispute arising out of or relating to these Terms or the Services shall first be attempted to be resolved through good-faith negotiation. If the dispute cannot be resolved through negotiation, it shall be resolved by arbitration in accordance with the rules of the International Chamber of Commerce (ICC). The arbitration shall take place in Makati City, Philippines, and shall be conducted in the English language. The decision of the arbitrator shall be final and binding.
Governing Law
These Terms shall be governed by and construed in accordance with the laws of the Philippines, without regard to its conflict of law provisions. For any matters not subject to arbitration, you agree to submit to the personal and exclusive jurisdiction of the courts located in Makati City, Philippines.
Severability
If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law, and the remaining provisions will continue in full force and effect.
Waiver
The failure of VTK Global Trades to enforce any right or provision of these Terms will not be considered a waiver of those rights. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of VTK Global Trades.
Changes to Terms
We reserve the right to modify or replace these Terms at any time. If a revision is material, we will provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.
Contact Us
If you have any questions about these Terms, please contact us at:
VTK Global Trades
21 Edsa, Parchouse IIGuadalupe Nuevo, Makati City
Metro Manila, Philippines 1212
Email: maf@vtkglobaltrades.comPhone: +63 917 564 6675