International Commercial Transactions

Packed with vital information and invaluable advice, the 4^th edition of this much acclaimed book takes into account recent developments in international trade, particularly the publication of Incoterms® 2010, latest edition of ICC’s worldwide used standard trade rules.

The author, legal expert and writer of international reputation, gives a concise and lucid presentation of the legal framework and the commercial principles, rules and practices surrounding cross-border transactions and the interrelations between them.

For a better understanding , the volume is divided into 3 parts:

·         Common problems in international transactions

·         Rights and obligations of parties to an international sale contract

·         Rules and practices for related contracts

An extensive annex contains the texts of international conventions, major trade rules elaborated under the auspices of governmental and non-governmental bodies, model contracts and other helpful hands on material.

This book will help parties to a cross-border contract to better understand the stage they are performing on.  Thus, it facilitates achieving the parties’ respective commercial objectives by avoiding pitfalls and costly consequences when transactions don’t turn out as expected.