THE PROCEDURES FOR THE CONCLUSION AND TERMINATION OF INTERNATIONAL COMMERCIAL CONTRACTS AND LIABILITY UNDER THEM

Abstract

Introduction: the author discusses the procedures for concluding, amending, and terminating international commercial contracts, and also the responsibility of the parties to such contracts in case of evasion or unwillingness of the parties to fulfill the conditions of the concluded contracts. The article aims to study the procedures for the conclusion and termination of international commercial contracts and liability under them. The main legal means of interaction between participants in the commercial turnover is a civil contract. In the field of international commercial turnover, a civil contract acquires the features of an international commercial contract. International commercial contracts mediate the international business activities of the parties and differ from similar internal transactions, as well as from transactions that, although complicated by a foreign element, are concluded with the participation of the consumer. International commercial practice has developed a number of requirements usually imposed on the content and structure of international commercial contracts. It is concluded that international commercial contracts usually contain several sections located in a certain logical sequence, although the content and structure of contracts may vary depending on the specifics of the product and a number of other conditions.