International Trade Law

International Trade Law

Introduction to International Trade Law:

Basic Idea on International Trade; Origin and Development of International Trade Law, Nature and Scope, Different Principles, Terms and Issues;

International Finance Institutions:

The Contribution of Brettonwoods Systems- International Finance Institutions, World bank, IMF, GATT, Role of UNO, UNCTAD, UNICITRAL;

WTO System: Objectives of WTO, WTO and International Trade, Impact of WTO Policies in International Trade, TRIPS Aggrement, Dumping and Anti-Dumping Measures, World Trade Agreement on Agriculture and on Service, Dispute Settlement Procedure of WTO;

Regional System of Trade: Organization of Economic Cooperation and Development, European Union,  North American Free Trade Agreement, Association for East Asian States, New International Economic Order and Trade Imbalances;

International Sale Contracts: Nature of Goods; Property and Title, Possession and Delivery; Risk and Frustration; Performance of Contract and Remedies in case of Breach, CIF ? Obligation of the CIF Seller; Duties of the Buyer; Duties of the Seller of CIF Contract; FOB Contract ? Duties and Obligation of the Parties; Other Forms of Contract in International Trade; International Law relating to Bill of Trading and Shipments;

Financing of International Trade: Bill of Exchange, Documentary Bills, Documentary Credits, Standby Credits, Performance Bond and Guarantees, Export Credit Guarantee, Other Methods of Financing; Issuing Bank and Corresponding Bank; Contemporary Issues in the Area of International Banking and Finance Law;

Carriage of Goods by Sea: Brussels Convention 1924 (Hague Rules), Brussels Rules (Visby Rules), UN Convention 1978 (Hamburg Rules), Bill of Lading, Types and Functions of Charter Party, Freight, Insurance against Contracts in International Trade, Marine Insurance

Dispute Resolution in International Trade: WTO Dispute Resolution Mechanism, International Commercial Arbitration, Theory and Institutional Structure of Arbitrations, Mechanism for settlement of International Trade Disputes, UNCITRAL Model Law on Arbitration, ICSID Arbitration, Domestic Implementation of Foreign Arbitral Award;

Relevant Laws:

1. The Declaration for the Establishment of New International Economic Order, 1974

2. The Charter of Economic Rights and Duties of States, 1982

3. UN Convention for on Conditions for Registration of Ships, 1986

4. The Hague Convention on the Law Applicable to Contracts for the International Sale of Goods, 1987

5. UN Convention on the Recognition and Enforcement of Foreign ArbitralAwards,


6. The Arbitration Act, 2001

Books Recommended:

  1. Comments on International Trade Law  by Professor Rafiqul Islam
  2. International Trade Law  by Lord Templeman
  3. Law of International Trade by Pamela Sellman
  4. International Trade Law by Janette Charley
  5. International Trade Law  by S. C. Chhua
  6. Law of Carriage by Avtar Singh
  7. Mercantile Law  by M.C. Kuchhal
  8. Carriage by Sea by Carver
  9. Carriage of Goods by Sea by Payne & Ivamy
  10. Charterparties and Bills of Lading by Thomas Edward Scrutton

11   The WTO After Seattle by Jeffrey J. Schott (Editor)

12    An Introduction to the WTO Agreements by Bhagirat Lal Das

(Also Additional Books, Journal Articles, Contemporary cases, materials form Websites will be discussed by the Course Teacher Concerned)