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Russia Trade Contract with Namibia

Import and export of goods with Namibia — a bilingual EN/RU contract in 5 minutes. CISG not ratified, settlements in USD or NAD

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Contract type

Which contract fits working with Namibia

Four contract types — for any deal structure with a Namibian partner

Import of goods from Namibia

A Russian company purchases goods from a Namibian supplier: diamonds, uranium, copper, seafood, and beef.

Electronic customs declaration in Russia
Kimberley Process Certificate for diamonds
Settlements in USD or NAD
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Export of goods to Namibia

A Russian company sells goods to a Namibian buyer: petroleum products, metals, fertilizers, and industrial equipment.

Electronic customs declaration in Russia
SACU customs union (common external tariff)
Settlements in USD
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Import of services from Namibia

A Russian company receives services from Namibian companies: mining, tourism, fisheries.

No customs clearance for services
173-FZ currency control
SWIFT via FNB Namibia, Standard Bank
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Export of services to Namibia

A Russian company provides services to Namibian clients: nuclear technology, IT, education.

No customs clearance for services
Repatriation of proceeds under 173-FZ
0% VAT on service exports
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Good to know

Trade specifics with Namibia

Key terms to reflect in the contract

CISG not ratified — specify governing law

Namibia has not ratified the CISG. English common law with elements of Roman-Dutch law applies — specify the governing law explicitly.

No CISG · specify law

Diamonds — Kimberley Process

Namibia is a major diamond producer (Namdeb Diamond Corporation — a joint venture with De Beers). A Kimberley Process Certificate (KP Certificate) is mandatory for diamond exports.

Diamonds · KP Certificate

NAD pegged to ZAR at 1:1

The Namibian dollar (NAD) is pegged to the South African rand (ZAR) at a 1:1 ratio. Both currencies circulate in Namibia. Use USD for international settlements.

NAD/ZAR · 1:1 peg

173-FZ: repatriation

A Russian resident is required to repatriate proceeds within the deadlines set out in the contract. For amounts from 3 million RUB, the bank assigns a unique registration number.

173-FZ · repatriation
FAQ

Questions about trade contracts with Namibia

Answers to the most common questions

No. Namibia has not ratified the CISG. Specify the governing law explicitly (neutral arbitration — ICC or LCIA — recommended).
Request the Company Registration Number from the BIPA (Business and Intellectual Property Authority) register. Verification is available via bipa.na.
USD for international contracts. The NAD (Namibian dollar) is pegged to the ZAR at 1:1, but USD is preferable for non-residents.
Diamonds, uranium (Namibia is one of the world's largest producers), copper, zinc, seafood, and beef.
Yes. An export declaration is filed in Russia; on the import side, the Namibian party files through the Namibia Revenue Authority (NamRA) within the SACU framework.

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Other destinations

Trade contracts with other countries in Africa

The same bilingual contract — tailored to each country’s specifics

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Russia Trade Contract with Namibia: Key Features

Namibia is a country rich in natural resources — one of the world's largest producers of uranium and diamonds. Its legal system is based on German law (from the colonial period) and English common law.

Namibian company details

Company Registration Number issued via BIPA (bipa.na). The contract should state the company name, registration number, and address.

CISG and arbitration

Namibia has not ratified the CISG. English common law with elements of Roman-Dutch law applies. For dispute resolution, ICC arbitration (Paris) or the ICAC at the Russian Chamber of Commerce and Industry is recommended.

Currency and settlements

USD for international settlements. NAD is pegged to ZAR at 1:1. SWIFT via FNB Namibia, Standard Bank Namibia.

Logistics

Walvis Bay is Namibia's main commercial port. From Black Sea ports around Africa or via Suez — about 30–35 days.