Document background
The Sole Supply Agreement is a crucial commercial contract used when establishing exclusive supply relationships in the UAE market. This document is particularly relevant when a buyer wishes to secure a dedicated supply source or when a supplier seeks to establish an exclusive distribution channel. The agreement encompasses essential elements required under UAE law, including detailed commercial terms, quality requirements, and compliance with local regulations such as the UAE Commercial Code and Competition Law. It is designed to protect both parties' interests while ensuring the arrangement doesn't violate any anti-competition provisions. The document is especially important in the UAE context, where commercial relationships often involve complex cross-border elements and require careful consideration of local agency laws and commercial practices.
