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PRINCIPLES OF INTERNATIONAL COMMERCIAL CONTRACTS
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Efforts towards the international unification of law have hitherto
essentially taken the form of binding instruments, such as supranational
legislation or international conventions, or of model laws. Since these
instruments often risk remaining little more than a dead letter and tend
to be rather fragmentary in character, calls are increasingly being made
for recourse to non-legislative means of unification or harmonisation of
law.
Some of those calls are for the further development of what is termed
“international commercial custom”, for example through model clauses
and contracts formulated by the interested business circles on the basis
of current trade practices and relating to specific types of transactions or
particular aspects thereof.
Others go even further and advocate the elaboration of an
international restatement of general principles of contract law.
UNIDROIT's initiative for the elaboration of “Principles of
International Commercial Contracts” goes in that direction.
It was as long ago as 1971 that the Governing Council decided to
include this subject in the Work Programme of the Institute. A small
Steering Committee, composed of Professors René David, Clive M.
Schmitthoff and Tudor Popescu, representing the civil law, the common
law and the socialist systems, was set up with the task of conducting
preliminary inquiries into the feasibility of such a project
UNIDROIT - Organizational Body
1st Edition
88 - 86449 - 00 - 3
NONE
PRINCIPLES OF INTERNATIONAL COMMERCIAL CONTRACTS
Management
English
International Institute for the Unification of Private Law
1994
Rome
1-274
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