2005 Hague Convention on Choice of Court Agreements

The 2005 Hague Convention on Choice of Court Agreements is an international treaty designed to promote legal certainty in international business transactions. It allows parties in different countries to agree on which court will handle disputes related to their contract. By respecting these agreements, the treaty helps minimize conflicts between different legal systems, making it easier to enforce court decisions across borders. Essentially, it provides a clear framework for resolving disputes, reducing uncertainty and potential legal complications for businesses operating internationally.