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The Structure And Scope Of The UNIDROIT Principles

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Chapter Summary

In the Preamble to the UNIDROIT Principles it is stated that they &t;set forth general rules for international commercial contracts&t;. There are two basic reasons for limiting the scope of the UNIDROIT Principles to &t;international&t; contracts only. First of all, it is when a given transaction presents factual links with more than one State that conflicts between the respective national laws may arise, and this not only in the absence of any international legislation, but also where the applicable uniform laws are obscure as to their precise meaning or present true gaps. Secondly, given the considerable differences which continue to exist between the various countries or regions as regards their economic and political structure and development, the legal regimes of purely domestic contracts still vary considerably from country to country.

Keywords: domestic law; international commercial contracts; UNIDROIT Principles



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