This book presents a comprehensive and systematic study of the
principal aspects of the modern law of international commercial
transactions. Based on diverse sources, including legislative
texts, case law, international conventions, and a variety of
soft-law instruments, it highlights key topics such as the
international sale of goods, international transport, marine
insurance, international finance and payments, electronic commerce,
international commercial arbitration, standard trade terms, and
international harmonization of trade laws. In focusing on the
private law aspects of international trade, the book closely
analyzes the relevant statutes, case law and the European Union
(EU) and international uniform law instruments like the Rome I
Regulation, the UN Convention on the Contracts for the
International Sale of Goods (CISG), UNCITRAL Model Laws;
non-legislative instruments including restatements such as the
UNIDROIT Principles on International Commercial Contracts, and
rules of business practices codified by the ICC such as the
Arbitration Rules, UCP 600 and different versions of the INCOTERMS.
The book clearly explains the key concepts and nuances of the
subject, offering incisive and vivid analyses of the major issues
and developments. It also traces the evolution of the law of
international trade and explores the connection between the lex
mercatoria and the modern law. Comprehensively examining the issue
of international harmonization of trade laws from a variety of
perspectives, it provides a detailed account of the work of major
players in the field, including UNCITRAL, UNIDROIT, ICC, and the
Hague Conference on Private International Law (HCCH). Adopting the
comparative law method, this book offers a critical analysis of the
laws of two key jurisdictions-India and England-in the context of
export trade. In order to stimulate discussion on law reform, it
explains the similarities and differences not only between laws of
the two countries, but also between the laws of India and England
on the one hand, and the uniform law instruments on the other.
Given its breadth of coverage, this book is a valuable reference
resource not only for students in the fields of law, international
trade, and commercial law, but also for researchers, practitioners
and policymakers.
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