Key Differences Between Different International LLM Programs :
By Microsoft Design AI

Key Differences Between Different International LLM Programs :

International trade law and international commercial law both deal with cross-border transactions, but they govern different parties:?

  • International trade law - Governs trade relations between states, and is a branch of public international law and international economic law. It covers issues like economic policies, trade agreements, and intellectual property rights.?
  • International commercial law - Governs transactions between private parties, and is a branch of private international law. It aims to regulate and facilitate cross-border trade and investment.?

International trade law draws from multiple sources, including national laws and international conventions. It reflects key principles like non-discrimination, transparency, and environmental sustainability.

International commercial law encompasses conventions, treaties, domestic legislation, and commercial customs.?

International trade law covers the rules and customs that govern the exchange of goods and services between countries. It's a complex area that draws from multiple sources, including national laws, international conventions, and business law.

International commercial law is a set of principles and customary practices that govern cross-border commercial activities and transactions between private parties. It includes international trade law and covers areas like risk assessment, dispute resolution, and international trade finance.?

Law of carriage of goods by sea - A body of law that governs the rights and duties of shippers, carriers, and consignees of marine cargo. It combines international commercial law, the law of the sea, and admiralty laws.?

The United Nations Commission on International Trade Law (UNCITRAL) has prepared several conventions to harmonize international transport rules, including the Rotterdam Rules. The Rotterdam Rules establish a legal regime for the rights and obligations of carriers, consignees, and shippers.


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sanu Kumari

1st Year BALLB STUDENT, ICFAI LAW COLLEGE, JHARKHAND Thumbnail Designer Freelancer CONTENT WRITING ?? social media ??

6 个月

Very informative

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