I have a company in Europe that manufactures surgical instruments. We will participate in an international trade fair end of this year, so our company is exposed to a lot of people right now because of the attendees list on the fair's website.
An agent from Egypt contacted me and said he wants to distribute our products as a solo agent in Egypt. We have no business in Egypt until now. His company is legit, he provided me documents.
He gave me a very simple contract template that states that he can only buy different kinds of products in Germany from my company and that we can only sell these products in Egypt to him. He doesn't want a commission. He wants to buy from me and resell.
He also told me to legalize this contract at the Egyptian embassy, so that my company will be registered in Egypt. He even wants to meet me at the fair in a few months. Everything seems OK so far, just that I'm a bit surprised, as we are a tiny company and he didn't even want to see samples before signing the contract.
Is that a known scam or something?
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