L/C Issuing Date Not Mentioned In The Contract

[alicia123]

Dear Sirs
I'd like to ask about the case when L/C issuing date is not written in the Contract.

The payment should be made by l/c under the contract,
but it is silent about issuing date of L/C.
But, the contract says the latest date of shipment is April 13th of 2014.

Then, I wonder if it is reasonable to interpret the contract as even though LC issuing date is not provided,
the importer must open L/C before April 13 of 2014, which is the latest date of shipment.

Or is there any other standard for interpretation on the L/C issuing date when it's not written in the Contract?

Your answer will be much appreciated.

Thank you in advance.

[Danish]

If LC issuance date not mentioned in the contract it gives choice to importer to issue the LC b4 latest shipment date. I suggest you must incorporate clause regarding expiry of the contract which can b as follows
1. Contract is valid for 15 days frm its issue date.
2. Contract will expire 1 week from its issuance date
3. Contract expiry date is _______

Hope the situation is clear other comments will b appreciated.

Regards,
Danish