Abstract

After 30 years of academic preparation, the European Commission has launched a political initiative for a uniform European contract law. This article explores the historical background and questions the national character of contract law. It further provides a survey of the fragmentary legislation of the European Union throughout the last 40 years. The piecemeal nature of that body of law calls for more general principles which may result from the present initiative. Finally, the article outlines the significance that a uniform EU contract law may have for legal relations between Europe and Asia.

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