GR is very common in foreign trade, and there are corresponding clauses in many transaction contracts. For example, when the goods are in short supply or delayed delivery, the seller shall compensate the buyer for the losses according to GR regulations. In addition, when there is a dispute between the buyer and the seller in the transaction, they can choose arbitration or solve it through legal channels according to GR regulations. In the actual operation process, foreign trade practitioners need to fully understand the significance and use of GR to ensure the smooth transaction.
Although GR is just a simple foreign trade term, its practical significance is very crucial. GR not only regulates all aspects of foreign trade transactions, but also protects the rights and interests of all parties. In specific operations, GR also provides strong support for foreign trade practitioners and helps them solve many intractable diseases. Therefore, it is very important for foreign trade practitioners to master the meaning and use of GR. Only by deeply understanding the meaning of GR can we better ensure the safe, legal and smooth conduct of foreign trade transactions.