Современные тенденции развития права международной торговли

Abstract

A considerable complication of cross-border trade relations involves the development of the regulatory system. This is reflected in the emergence of new forms of existence of rules corresponding to the dynamic development of the market. There is the complication of known contractual structures in need for adequate legal regulation. International trade law in its classic sense is no longer relevant and do not reflect the essence of regulated relations and the emerging diversity of regulatory mechanisms. At present time, we can quite clearly see the tendencies of the modern law of international trade, some of which are studied in this article. Thus, among the modern tendencies of the law of international trade there are the following: the movement from the legal to the regulatory mechanism of regulation; a strong interest of the international business community as a new rule-making subject in the norms of a special kind - the principles and rules of cross-border trade, which are systematized in the relevant codes of rules; the evolution of understanding of the modern lex mercatoria; the expansion values of the precedent as a source of regulation of cross-border trade and etc. The study of tendencies will form a clear idea of the evolutionary processes that are taking place today in law of international trade as a system of principles and rules regulating the cross-border trade relations.