Trade & logistics

Force majeure

What is Force majeure?

A contract clause excusing performance during events outside either party's control. In sourcing contracts, check whether it extends to raw-material shortage and port congestion, which are the realistic causes of a missed Korean shipment.

At a glance

Category
Trade & logistics
Also known as
불가항력
Korean term
불가항력
Last reviewed
July 23, 2026

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