International Commercial Law

International Commercial Law governs the legal aspects of trade and business transactions between companies in different countries. It includes rules and regulations on contracts, sales, transportation, and dispute resolution. The aim is to create a consistent legal framework that facilitates international trade, ensuring fairness and predictability. Key principles often stem from treaties, conventions, and organizations like the United Nations and the International Chamber of Commerce. By providing guidelines on issues like shipping, payments, and intellectual property, International Commercial Law helps businesses navigate the complexities of cross-border commerce effectively.