Preventive measures

1.Economic conditions

Sector  Is your customer's sector in crisis because of COVID-19?

Country  Has your customer's country been adversely affected by COVID-19?  Has your customer's country high political risk or unstable socio-political environment?  Has COVID-19 increased the political risk or influenced the socio-political environment negatively?


You need to consider this if you do business in a country having a different currency and the contract is denominated in this currency.

 Are there foreign exchange risks (e.g. currency fluctuations, high volatility in the currency market) because of COVID-19?

Next: Verify the disputes