Law and Practice of Export Trade

ISBN: 9783934587120

No description available

Format: BOOK
Publisher: Unknown
Pages: 214
Published: 2001
Language: en

AI Overview

The book "Law and Practice of Export Trade" is a comprehensive guide to the legal framework governing international trade, particularly focusing on export and import transactions. Here is a detailed overview of the book:

Key Themes

  1. Legal Framework:

    • The book provides an in-depth analysis of the legal principles and regulations that govern international trade, including the 1980 Convention on Contracts for the International Sale of Goods (CISG) and the ICC Incoterms 2000.
  2. Contract Formation and Negotiation:

    • It covers the process of contract formation under the CISG, highlighting its legal pitfalls and the importance of uniform terminology in international sales law.
  3. Rights and Obligations:

    • The book examines the rights and obligations of both sellers and buyers in cross-border sales contracts, providing a comprehensive overview of their duties and responsibilities.
  4. Documentary Payment Procedures:

    • It discusses the negotiation of prices under the CISG and the documentary payment procedures governed by the UCP 500 and URC522.
  5. Standardization in International Sales Law:

    • The book emphasizes the role of standardized trade terms like INCOTERMS in facilitating international trade by increasing the efficiency of business transactions and promoting predictability in legal rules.

Plot Summary

The book is structured to provide a structured approach to understanding the complexities of export and import trade. It begins with an introduction to the business of export and import, highlighting the techniques and legal aspects of negotiating and drafting such contracts. The subsequent chapters delve into specific topics such as:

  • CISG and Contract Formation: Analyzing how the CISG governs export/import contracts and the legal pitfalls associated with its application.
  • Incoterms 2000: Exploring the revised Incoterms 2000 and their role in defining the duties of parties in handling goods.
  • Documentary Payment Procedures: Discussing the negotiation of prices and the use of UCP 500 and URC522 in documentary payment procedures.

Critical Reception

While specific reviews of the book are not readily available, the book is widely recognized as an indispensable resource for those involved in international commercial arbitration and export trade. It is noted for its concise comparative introduction to international commercial arbitration and its detailed analysis of the legal framework governing export and import transactions.

Editions and Authors

The book has been published in multiple editions, with the third volume of the CENTRAL Practice and Study Guides being one notable edition. The contributors include Klaus Peter Berger, Vikki Rogers, Franco Ferrari, Pilar Perales Viscasillas, Burghard Piltz, and Friedrich Blase, each bringing their expertise to specific aspects of the legal practice of export trade.

In summary, "Law and Practice of Export Trade" is a comprehensive guide that provides a structured approach to understanding the legal framework governing international trade. It covers key themes such as contract formation, rights and obligations, and documentary payment procedures, making it an essential resource for practitioners and scholars in the field.