THE CONTENT OF A SUCCESSFUL FOREIGN TRADE STRATEGY OF ENTERPRISES IN THE CONDITIONS OF EUROPEAN INTEGRATION PROCESSES
DOI:
https://doi.org/10.15330/apred.1.20.110-117Keywords:
foreign economic activity of enterprises, system of regulation of international trade operations, international contract, UN Vienna Convention , unification of international trade, international trade activity, international norms and rules, trade customs, lex mercatoriaAbstract
The effectiveness of any country participation in world markets is determined by the activity of its business entities of various ownership forms, their effective strategies for promoting goods to foreign markets and successful foreign economic agreements concluded with trading partners. The article examines the peculiarities of taking into account in the strategy of foreign economic activities of enterprises world rules and norms regarding the principles of conclusion, structure and execution of international contracts in the context of their compliance with international norms and principles of free choice of the nature of agreements and their execution under the conditions of integration processes into the European Community. The main purpose of the publication: presentation of the necessary levers for use by business entities in the preparation, processing and conclusion of foreign economic buy and sale contracts, free choice of location and norms of legal support for foreign economic agreements. A comparative analysis of the application of the principles and norms of the Law of International Treaties Vienna Convention and the international legal system for regulating relations in the field of international trade based on commercial rules and principles (lex mercatoria) is presented when concluding international purchase and sale of goods contracts. In the presented publication, as a conclusion and a scientific novelty, it is proposed to take into account in the strategies of foreign economic activity of enterprises and organizations both the provisions of the Vienna Convention on the Law of International Treaties and the international legal system for regulating relations in the field of international trade based on commercial rules and principles (lex mercatoria). The limitation of interference in foreign economic activity when concluding the purchase and sale of goods international contracts of practical importance, which is determined by the basic principles of the Vienna Convention for regulating relations in the field of international trade based on commercial rules and principles of lex mercatoria, as well and requirements of convergent processes to the European Economic Community.
References
Convention on Contracts for the International Sale of Goods. Vienna, 1980. DSpace.UzhNU, rb.gy/uh2vjf. Accessed 13 Sep .2023
Bagrova, I.V., Redina, N.I., Vlasyuk, V.E., and O.O.Hetman. Foreign economic activity of enterprises; edited by Bagrova I.V. Donetsk, 2011.
On private international law: Law of Ukraine dated June 23, 2005 No. 2709-IV.” Verkhovna Rada of Ukraine, zakon/rad/ gov / ua/laws/show/2709-15 Accessed 13 Sep .2023
” Secretary-General's address to International Council for Commercial Arbitration Congress. United Nations. Port-Louis, Mauritius, 09 May 2016, www.un.org/sg/en/content/sg/statement/2016-05-09/secretarygenerals-address-international-council-commercial Accessed 13 Sep .2023
Vyshnevskiy, Yu. “Peculiarities of Ukraine's participation in the 1969 Vienna Convention on the Law of International Treaties.” Academic notes of TNU named after V.I. Vernadskyi. Series of legal sciences, rb.gy/cjw6ql Accessed 13 Sep .2023
Manuelova, K.V. “The Hague Convention on the Law Applicable to Trusts and Their Recognition.” Academic notes of TNU named after V.I. Vernadskyi. Series of legal sciences, rb.gy/cjw6ql. Accessed 13 Sep .2023
Karbera, Julija.“Peculiarities of the trade customs application in international commercial arbitration disputes.” European Political and law discourse, issue 4(7), 2020, rb.gy/oc4f60. Accessed 13 Sep .2023
Dikovska, I. “Application of Lex mercatoria by international commercial arbitration.” Journal of East European Law , no. 12, 2015.
Kabrera, Yu.F. “The genesis of “lex voluntatis” in substantive law choice.” European Political and Law Disclosure, no. 7(1), 2020, pp. 72–85, eppd13.cz/wp-content/uploads/2020/2020-7-1/13.pdf/. Accessed 13 Sep .2023
Tkach, O. ”Management of contractual activities of subjects of foreign economic activity in the conditions of development of spatial and economic systems.” Bulletin of the Dnipropetrovsk Research Institute of Forensic Expertise of the Ministry of Justice of Ukraine, 2022, pp. 19-26, e-visnyk.dniprondise.in.ua/uk/1-05-2022 Accessed 13 Sep .2023
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution NonCommercial NoDerivs 4.0 Unported License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access)