On the International Unification of Rules on International Commercial Contracts

Abstract

The globalization of trade is influencing the development of commercial legislation by unifying the rules of international commercial contracts internationally, and the ascent of China is imperative for the global community and an inevitable consequence of ongoing advancements in international business. In terms of practical achievements, it has effectively promoted and safeguarded the progress of the worldwide economy. In an effort to facilitate the advancement of worldwide standardization in regulations pertaining to global matters and fully utilize its potential, It is crucial to possess a comprehensive comprehension of the notions and attributes associated with it, and to analyse the problems that exist in the process of its implementation. In addition, by combining the actual situation of specific countries, we can also better understand the current situation of the unification of international commercial contract rules in practice, which is more conducive to its implementation and improvement. Accordingly, this paper will make full use of the research methods of literature study and comparative analysis to discuss the above issues by analyzing the theoretical studies and legislative overviews of different countries.