Law 418 – International Trade Law

This course aims at exploring both the private law and the public law issues applicable to international trade relations. The first and public law part of the course will focus on the main treaties regulating international trade as embodied in the General Agreement on Tariffs and Trade and the World Trade Organization, as well as regional trade entities such as the European Union and the North American Free Trade Agreement. This part will examine the law applicable to tariff and non-tariff barriers, discrimination, regionalism, anti-dumping duties, countervailing duties, safeguard measures and the devices for international settlement of trade disputes. The second and private law part will deal with the key rules in international commercial transactions. To achieve this aim, the course will cover the fundamental characteristics of international sales of goods and essential contracts for the financing of trading activities, transportation of goods to their place of destination, settlement of disputes, and methods of payment in international commercial transactions.