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INTERNATIONAL LEASE CONTRACT
INTERNATIONAL LEASE CONTRACT

Author(s): Raluca Antoanetta Tomescu
Subject(s): International Law
Published by: Österreichische Nationalbibliothek Wien/ Österreichisch-Rumänischer Akademischer Verein
Keywords: financier; user; international leasing; international convention;

Summary/Abstract: The role that the circuit of material and spiritual values between countries of the world has had on economic progress and development of civil society has been and will remain undeniably acknowledged.Under this aspect, capital investments have emerged as strategically important because only in this way was it possible to create new better structures, in line with the strategic options of a market economy which continues to grow, which has led to the emergence of new forms of classical contracts. Among the legal realities of international trade, leasing proved to be the most important means of financing of investment in goods and services.International trade analysts have pointed out that leasing is an expression of modern contracting techniques in this field. The pragmatism and effectiveness of this operation have led to the attempt of creating a uniform legal framework at international level, while the harmonization and supplementation of our current legislation, in compliance with these rules no longer represent an option, but a necessity.By means of the present study we did not want to solve an already solved equation, but only to succeed in consolidating the "status" of the lease contract through a balanced harmonization between national and international rule in terms of incidental international rules in the matter.

  • Issue Year: X/2016
  • Issue No: X
  • Page Range: 116-119
  • Page Count: 4
  • Language: English
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