Conclusion Of A Contract In Electronic Form In Belarus

Due to the rapid use of modern information technologies in business activity and the advantages related to their use, the conclusion of contracts in electronic form by business entities is widely used nowadays. However, numerous questions arise regarding the way of concluding such contracts and the requirements for them. Thus, according to the legislation of Belarus, a foreign economic deal is considered invalid in case of violation of the requirements for the written form of a foreign economic deal when the contract is concluded in electronic form. That is why both Belarusian residents and non-resident counterparties are interested in complying with the written form of a foreign economic deal.