Uniform Rules for Conflict of Laws in International Trade Contracts

Document Type : Research Article

Authors

1 Assistant Professor, Faculty of Law and Political Science, University of Tehran, Tehran, Iran

2 Ph.D. Student in Oil and Gas Law, Faculty of Law and Political Science, University of Tehran, Tehran, Iran

Abstract

Entering into any international contracts is the cross point of different legal systems that these differences lead to challenges and uncertainties regarding the governing law. Therefore, the parties try to choose their own law as the governing law by adhering to conflict of laws rules which put at risk two principles of speed and security in such contracts. Uniform rules for conflict of law could be a solution for the parties, arbitral tribunal and courts in determining the governing law. These rules bring an end to claims of different legal systems to govern the contract, make predictable the rights and obligations of the parties, prevent conflicting interpretations through unification of rules on conflict of laws and prevent imposition of stronger party law to the weaker party and so on. But these rules are not free from criticism, as for example, all related legal systems have no equal contribution to the content of such uniform rules.

Keywords


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