Dispute Resolution Choices in Cross-Border Commercial Agreements: The Role of UNIDROIT Principles and CISG

Introduction When Cross-Border Contracts Become Complex Consider a situation where an Indian importer makes a long-term supply agreement with a manufacturer. The transaction starts well. A dispute arises later about defective goods and delayed payments. The Indian party wants to solve the dispute in the courts, but the Vietnamese party wants it in Vietnam. Questions come up about who decides, which laws apply and how to enforce any decision made. These situations happen often in today's...