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Dear Sir/Madam, RE: BUSINESS PARTNERSHIP PROPOSAL FOR THE BULK PURCHASE, EXPORT AND DISTRIBUTION OF SALVAGE PEUGEOT AUTOMOBILES AND SPARE PARTS IN NIGERIA I am writing to formally introduce myself and my company, Global-Step Integrated Investments Limited, a duly registered company in Nigeria. My name is Stephen Fasan, and I serve as the Chief Executive Officer/Managing Director of Global-Step Integrated Investments Limited. We are an established Nigerian business with an interest in developing sustainable international commercial relationships with reputable automobile salvage yards, vehicle dismantling companies, salvage vehicle dealers, automobile recyclers, and genuine used automobile spare-parts suppliers. We are currently seeking to establish a long-term and mutually beneficial business relationship with reputable companies involved in the sale, dismantling, recycling, export and distribution of salvage Peugeot automobiles and Peugeot spare parts. OUR BUSINESS INTEREST As part of our business expansion strategy, Global-Step Integrated Investments Limited intends to commence the large-scale purchase and importation of salvage Peugeot automobiles and Peugeot spare parts for the Nigerian market. Our initial focus will be on purchasing salvage and damaged Peugeot vehicles, including vehicles suitable for dismantling, parts recovery, rebuilding, recycling and resale, as well as large commercial quantities of used and salvaged Peugeot spare parts. Depending on availability, condition, pricing and export requirements, our purchasing interests may include: • Salvage Peugeot passenger vehicles; • Accident-damaged Peugeot automobiles; • Non-running and mechanically damaged Peugeot vehicles; • End-of-life Peugeot vehicles suitable for dismantling; • Peugeot vehicles with recoverable engines, transmissions and other components; • Used Peugeot engines and gearboxes; • Body panels and exterior components; • Doors, bonnets, bumpers, fenders and other body parts; • Suspension and steering components; • Electrical and electronic components; • Interior components and accessories; • Wheels, rims and other reusable components; • Peugeot lighting systems; • Mechanical and engine components; • Used and salvaged genuine Peugeot spare parts; and • Other Peugeot-related automobile components available in commercially viable quantities. Our objective is to develop a consistent and reliable supply chain whereby suitable Peugeot salvage vehicles and spare parts can be purchased from your company on a recurring basis and shipped to Nigeria. PROPOSED LONG-TERM COMMERCIAL RELATIONSHIP Rather than approaching this as a one-off transaction, we are interested in establishing a long-term commercial partnership with a reputable supplier capable of providing consistent access to Peugeot salvage vehicles and spare parts. Subject to satisfactory negotiations, product quality, pricing, logistics, payment terms and mutual agreement, we would be interested in developing a structured purchasing arrangement involving regular and potentially substantial orders. We believe that Nigeria represents a significant market for used, salvaged and replacement Peugeot components. There is strong demand for affordable vehicle replacement parts, particularly for Peugeot models that have a substantial presence in the Nigerian automobile market. Our intention is therefore to establish Global-Step Integrated Investments Limited as a dependable local commercial partner capable of developing the Nigerian market for your salvage Peugeot vehicles and parts. REQUEST FOR EXCLUSIVE REPRESENTATION IN NIGERIA In addition to our purchasing interest, we would like to explore the possibility of being appointed as your exclusive or principal representative/distributor for salvage Peugeot automobiles and spare parts in Nigeria. Under such an arrangement, Global-Step Integrated Investments Limited would seek to represent your business interests in the Nigerian market and develop commercial opportunities for your salvage Peugeot vehicles and spare parts. As your Nigerian representative, subject to mutually agreed terms, we would be interested in: 1. Promoting your salvage Peugeot vehicles and spare parts within the Nigerian market; 2. Developing a network of customers, dealers, workshops, mechanics and automobile spare-parts businesses; 3. Coordinating local sales and distribution activities; 4. Identifying market demand and communicating purchasing requirements to your company; 5. Facilitating repeat and bulk orders; 6. Supporting the development of your brand and commercial presence in Nigeria; 7. Exploring opportunities for larger-scale procurement and distribution; 8. Providing market intelligence concerning Peugeot vehicles and parts in Nigeria; and 9. Developing a sustainable long-term commercial relationship between your company and the Nigerian market. We would welcome discussions regarding the possibility of exclusive representation, sole distributorship, preferred buyer status, or another mutually acceptable commercial arrangement. PURCHASING VOLUME Our intention is to begin with commercially viable quantities and progressively increase our purchasing volume as the business relationship develops. We are particularly interested in suppliers who can provide mixed consignments and/or large quantities of Peugeot salvage vehicles and spare parts, depending on availability. We would appreciate receiving information regarding your current inventory, including: • Available Peugeot salvage vehicles; • Peugeot models and years available; • Vehicle condition and damage classification; • Mileage, where available; • Vehicle identification/VIN information; • Available engines and transmissions; • Available spare parts; • Quantity of parts available; • Parts condition and grading; • Photographs and inspection information; • Current wholesale/export prices; • Minimum order quantities; • Container loading options; • Shipping/export arrangements; • Payment terms; • Documentation provided with vehicles and parts; and • Your requirements for establishing an ongoing international buyer relationship. Where appropriate, we would also be interested in purchasing vehicles and parts in container-load quantities and developing a recurring shipment schedule. QUALITY AND BUSINESS STANDARDS We understand that the success of this proposed relationship will depend on transparency, accurate descriptions of vehicles and parts, competitive pricing, reliable documentation, and consistent quality. We therefore seek to work exclusively or preferentially with reputable companies that maintain professional standards in the sourcing, dismantling, inspection, classification and sale of salvage vehicles and automobile components. We are prepared to discuss appropriate inspection, documentation and verification procedures before shipment in order to ensure that both parties have a clear understanding of the goods being purchased. LOGISTICS AND EXPORT TO NIGERIA Global-Step Integrated Investments Limited is interested in establishing a reliable international supply chain for shipments destined for Nigeria. We are open to discussing different commercial and shipping arrangements, including supplier-arranged export logistics, buyer-arranged freight, containerized shipments and other internationally accepted methods, depending on the nature and location of the supplier's operations. Our preferred shipping destination and import arrangements can be discussed in detail once we have established the commercial terms and product availability. PROPOSED NEXT STEPS We would appreciate the opportunity to open discussions with your company regarding this proposal. As an initial step, we kindly request that you provide us with your company profile, current Peugeot salvage inventory, wholesale/export price list, purchasing requirements, available quantities and proposed terms for international buyers. We would also appreciate information concerning your experience with international exports, particularly shipments to Africa or Nigeria, if applicable. Following our initial exchange of information, we would be pleased to arrange a telephone, video or online business meeting with your management or international sales department to discuss the proposed partnership in greater detail. Our objective is to establish a professional, transparent and mutually beneficial long-term relationship, beginning with initial purchases and potentially developing into a substantial recurring supply and distribution partnership. CONCLUSION Global-Step Integrated Investments Limited is prepared to invest the necessary effort and resources to develop the Nigerian market for salvage Peugeot automobiles and spare parts. We believe that a partnership between our companies could create significant commercial opportunities for both parties. Your company would gain access to a dedicated Nigerian commercial partner and buyer, while we would benefit from establishing a dependable international source of quality salvage Peugeot vehicles and spare parts. We are particularly interested in discussing the possibility of becoming your major and, subject to mutual agreement, exclusive representative for salvage Peugeot automobiles and spare parts in Nigeria. We look forward to receiving your response and hope this letter will be the beginning of a successful and lasting business relationship. Please do not hesitate to contact me should you require any additional information about Global-Step Integrated Investments Limited or our proposed purchasing and distribution activities. Thank you for your time and consideration. We look forward to hearing from you. Yours faithfully, Stephen Fasan Chief Executive Officer / Managing Director Global-Step Integrated Investments Limited Nigeria | |||||||||||||||||||