Types of International Commercial Agreements and Their Legal Regulation
Types of International Commercial Agreements and Their Legal Regulation
Author(s): Olga TatarSubject(s): International Law, Law on Economics, Commercial Law
Published by: EDITURA ASE
Keywords: classification of international commercial contracts; international investments; international regulations; obligations; contract structure; contract specifics;
Summary/Abstract: The purpose of writing this article is to classify international commercial contracts on various grounds. First, depending on the subject of the international contract: 1) specific contracts for international investments; 2) international contracts for the sale of goods; 3) international lease agreements; 4) international financial leasing agreements; 5) international factoring agreements; and 6) international contracts, etc. Secondly, we can distinguish simple international agreements (for example, an international sale and purchase agreement), as well as complex (mixed and unnamed). The latter are becoming more widespread in international trade. European countries carry out legal regulation of this kind of contracts both within the framework of civil law, trade law, tax law, as well as special legislation. So, among the most common in practice mixed (complex) foreign economic agreements are international leasing, franchising, distribution, factoring agreements, investment agreements, etc. Depending on the nature of the delivery and the specifics of the relationship between counterparties: 1) an international (cross-border) contract with a one-time delivery of goods, after the execution of which legal relations between the parties to the transaction terminate; 2) an international (crossborder) contract with a periodic regular supply of goods from the seller to the buyer within a certain period. The methods used in this article were: comparative legal, logical, historical, didactic, imperial.
Journal: International Investment Law Journal
- Issue Year: 3/2023
- Issue No: 1
- Page Range: 72-89
- Page Count: 18
- Language: English