英语翻译
来源：学生作业帮助网 编辑：六六作业网 时间：2024/12/28 14:42:59
英语翻译
英语翻译
英语翻译
Interpretation of the rules and regulations:
1.The administration system on local Chinese enterprises in Saudi Arabia are rules and policies issued by the Economic and Commercial Counselor’s Office aiming primarily at control of enterprises’ guarantee risks, and at tackling the common issues such asdisorderly competitions, winning bids with low prices and failures in contract execution etc.;
2.Despite being slightly different from those for other regions/countries, these policies and rules are approved by Mofcom. Therefore, all Chinese enterprises engaging in construction projects in Saudi Arabia have to observe/abide by these policies;
Regulations Explanation :
1. This is a control system of the Saudi Business Department specifically for the local Chinese Enterprises; the aim is mainly to control the risks of letter of guanrante...
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Regulations Explanation :
1. This is a control system of the Saudi Business Department specifically for the local Chinese Enterprises; the aim is mainly to control the risks of letter of guanrantee (LG), as well as a system and policy for resolving the problems of disorderly competitions, low-price bid winning, breach of contracts by the Chinese enterprises in the Saudi markets for the past decade.
2. This system and policy had been approved by the Ministry of Commerce; this system is slightly different from other regions/countries, but it should be complied with by all the Chinese enterprises constructing engineering projects in Saudi Arabia.
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