ADB - Using an Agent to Sell US Products and ServicesADB - Using an Agent
Member countries’ firms may sell their products through agents and representatives for ADB-financed projects in a given country. ADB recognizes the sovereign laws of its borrowing countries. ADB’s Procurement Guidelines spells out six principles (i.e., economy, efficiency, fairness, transparency, quality, and value for money) that must be adhered to by borrowing countries, including fraud and corruption.
Foreign firms entering agreements with local agents and distributors should consult with a competent host country legal counsel before entering into any agreements to ensure that the agreement is in accordance with host country laws and requirements.
U.S. Commercial Service Country Commercial Guides (https://www.export.gov/ccg) give specific details on “Using an Agent to Sell U.S. Products and Services” in most countries.