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POTENTIAL UNIFICATION IN THE FIELD OF CROSS-BORDER CONTRACTUAL RELATIONS IN THE BRICS COUNTRIES

https://doi.org/10.17803/1729-5920.2019.156.11.009-017

Abstract

The article is devoted to the peculiarities of regulation of cross-border contractual relations that are being developed within the BRICS countries in compliance with universal international treaties. The author has outlined the prospects and problems with which traders from BRICS countries are facing when concluding contracts. International treaties, which contain, above all, uniform substantive rules, play a great role in concluding cross-border contracts. However, all the BRICS countries are member-states to very few treaties. The author of the article has revealed that such conventions still exist, although not only in the contractual field. The article pays special attention to the peculiarities of application of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958, the Cape Town Convention on International Interests in Mobile Equipment of 2001 and, indeed, the Vienna Convention on Contracts for the International Sale of Goods of 1980 (although only three BRICS countries are involved, it can also be applied to India and South Africa).

About the Author

Ya. O. Alimova
Kutafin Moscow State Law University (MSAL)
Russian Federation

Cand. Sci. (Law), Acting Head of the Moot Courts Department, Associate Professor of the Department of Private International Law

9 Sadovaya-Kudrinskaya, Moscow, 125993, Russia



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Review

For citations:


Alimova Ya.O. POTENTIAL UNIFICATION IN THE FIELD OF CROSS-BORDER CONTRACTUAL RELATIONS IN THE BRICS COUNTRIES. Lex Russica. 2019;(11):9-17. (In Russ.) https://doi.org/10.17803/1729-5920.2019.156.11.009-017

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ISSN 1729-5920 (Print)
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