The UNIDROIT Principles of International Commercial Contracts were presented at the Symposium on Private International Law in the European Union (EU) and Middle East and North Africa (MENA) region, organised via Zoom by the Faculty of Law, Özyeğin University Istanbul on 19 November 2021.
UNIDROIT Legal Officer Ms Philine Wehling spoke on the panel on International Commercial Law, with a presentation that addressed “The UNIDROIT Principles of International Commercial Contracts: Harmonisation and Choice of Law” and explored the relevance of the UNIDROIT Principles across Europe and the MENA region.
After introducing the UNIDROIT Principles and the variety of options for their application, the presentation reviewed data on the Principles’ use in both Europe and the MENA region, to then focus on possible causes for the significantly lower use rates across MENA countries. Among others, it analysed practical examples of the UNIDROIT Principles’ application in the region as well as the compatibility of the Principles with legal frameworks in selected MENA countries.
The Symposium also featured presentations by academics, arbitrators and other legal practitioners as well as representatives of the Hague Conference on Private International Law and research institutions.
Learn more about the UNIDROIT Principles of International Commercial Contracts here.
Learn more about the Symposium here.