How the International Trade Law harmonizes?

Abstract

Since its inception, custom and commercial uses have been mis­takenly considered as only reference regarding international commercial contracts are concerned.

However, there is currently a plurality of rules aimed at regulating in a specific trade relations and hence the resolution of conflicts arising between nationals of a particular state.

In terms of policy implementation, doctrine and international jurisprudence have given the international trade law a varied legal compendium whose practical application is subject to the material nature and its contractual obligation content.

Thus arise the members of the Uniform Rules on International Trade Law (DUCI), given the need to harmonize and standardize these international legal standards applicable to the particular case and whose main purpose in disciplining trade relations of a private nature and obligational character.

With regard to its production source, several institutions dedicated to the development of legal compendia, the nationality of the contracting parties and the venue or compliance with commercial obligations, constitute the mainstay in them.

The article intends to describe, summarize and define the set of legal rules that make up the harmonizing system of international commercial law, including treaties, conventions, customs and practices, regulations, statutes, collections, legal guides, etc.