Definition of international commercial law

Definition of international commercial law: International commercial law is a compound discipline with the intersection of law and business knowledge from an international perspective, and it is a legal discipline specializing in the relationship between rights and obligations arising from international commercial transactions.

The expansion of international commercial law;

1. International commercial law involves the application of the basic principles and knowledge of law disciplines such as company law, partnership law, contract law, financial law, negotiable instrument law, international trade law, foreign investment law and commercial arbitration law. International commercial law, as the general name of legal norms regulating international commercial relations, involves commercial transactions of profitable international commercial subjects in different legal systems.

2. Sources of International Commercial Law There are two main sources of international commercial law: one is international treaties; The second is international trade practices.