International Contract Governing Law

Summary

For international contracts, specify the governing law by choosing a country or jurisdiction with a well-established legal system, such as the United States (New York or California), United Kingdom (England and Wales), Singapore, or Switzerland. These jurisdictions are preferred for their predictability and fairness. While there are no universally recognized contractual laws, principles like the United Nations Convention on Contracts for the International Sale of Goods (CISG) and UNIDROIT Principles offer frameworks for international agreements.

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Are there any internationally recognized jurisdictions?
There isn't a universally accepted international jurisdiction. Typically, parties choose a jurisdiction with well-established legal systems like:
- United States (New York or California)
- United Kingdom (England and Wales)
- Singapore
- Switzerland
These jurisdictions are often chosen for their predictability and fairness in commercial matters.
Are there any internationally recognized contractual laws
There are no universally recognized contractual laws that apply globally. However, there are some widely accepted principles and conventions, such as:
- United Nations Convention on Contracts for the International Sale of Goods (CISG)
- UNIDROIT Principles of International Commercial Contracts
- International Chamber of Commerce (ICC) Incoterms
These provide a framework for international contracts but are not laws themselves.