Business Sweden undertakes to carry out the export activity described in the invitation on condition that the necessary number of companies sign up by giving binding notice of participation and no obstacles specified in section 5 below exist in regard to the performance of the activity.
2. Participation fee
Unless otherwise expressly stated, all prices are exclusive of VAT. If the price has been specified in SEK and Business Sweden has to pay certain costs in local currency, the price shall at the time of payment be adjusted if the exchange rate has changed by more than 5% between the date of the invitation and the date of invoicing.The term of payment is 30 days from the invoice date. In the event of late payment, penalty interest is payable at the current Swedish reference rate (“referensränta”) plus eight (8) percentage points. Any costs for collection or other measures to obtain payment will be charged to the company.
3. Business Sweden’s undertakings
Business Sweden’s undertakings are limited to what is stated in the invitation and the present conditions. Business Sweden is entitled to depart from the method specified in the invitation of performing the activity if its performance requires this.
4. Cancellation etc
Registrations of interest are not binding. For registration to an event, please see special conditions.
5. Force majeure etc
Business Sweden may cancel the activity or postpone carrying it out for a reasonable period if any obstacle to or unreasonable increase in the cost of carrying it out arises or if carrying it out would jeopardise the safety of persons or property affected by the activity, due to an event or circumstance outside Business Sweden’s reasonable control (force majeure). Such events or circumstances include acts of violence or a risk of acts of violence of all kinds (including war, hostilities, acts of sabotage etc.), natural phenomena (earthquakes, hurricanes, floods etc.), sudden events which cause injury or damage (fires, explosions etc.), labour conflicts (strike, lockout, blockade, working to rule etc.), events and interventions of an official nature (changes in the law, new legislation, a change in the exchange rate), and other unforeseen events or unforeseen consequences of foreseeable events such as lack of transport, a shortage of skilled workers, power cuts etc. Business Sweden shall inform the participating companies in an appropriate manner as soon as possible after force majeure is deemed to exist. In addition to what is stated in the first paragraph of this section, the effect of invoking force majeure is that Business Sweden will be absolved from economic consequences, including damages for delay in carrying out the activity or for the activity not being carried out at all or not being carried out as agreed.
6. Disputes etc
These general conditions shall be governed by and are construed in accordance with Swedish law. Any dispute in connection with these general conditions, shall be finally settled by arbitration in accordance with the Rules for Expedited Arbitrations of the Arbitration Institute of the Stockholm Chamber of Commerce.