Document background
The Master Pricing Agreement serves as a foundational document for establishing long-term commercial relationships in the Indonesian market. It is typically used when parties anticipate ongoing transactions and need a structured framework for determining and adjusting prices over time. The agreement must comply with Indonesian legal requirements, including the Civil Code (KUH Perdata), Anti-Monopoly Law, and Trade Law. It includes essential provisions for price calculations, adjustment mechanisms, payment terms, and currency considerations, while incorporating necessary safeguards for both parties. The document is particularly crucial in regulated industries and international trade relationships where pricing stability and transparency are essential.
