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Transnational Commercial Contract Law. Concise Commentary On The UNIDROIT Principles Of International Commercial Contracts 2016 | Radu-Bogdan Bobei

Radu-Bogdan Bobei: “In May 2016, the Governing Council of UNIDROIT adopted the amendments and additions to the Principles of International Commercial Contracts (2010). The Secretariat of UNIDROIT was authorized to prepare and publish the 2016 edition of this instrument of soft uniform substantive law to be known as the ‘2016 UNIDROIT Principles of International Commercial Contracts’.

In light of the previous efforts developed by Romanian scholars, Professors Tudor R. Popescu and Sergiu Deleanu, I took the liberty to draft a Concise Commentary on the 2016 UNIDROIT Principles of International Commercial Contracts. Each black letter law and Official Comments were examined through the lens of arbitration and judicial litigation; therefore, the UNILEX data base was very useful in the process of such drafting.

It seems that the Era of Globalization comes to its end; notwithstanting, the Age of Uniform Law comes to its development. The 2016 UNIDROIT Principles of International Commercial Contracts ‘take into account the special needs of long-term contracts’ [see Official Introduction to the 2016 Edition, in UNIDROIT Principles of International Commercial Contracts 2016, pp. vii, Rome, 2017, published by International Institute for the Unification of Private Law (UNIDROIT)].

This Concise Commentary takes into account the special needs of my ideology; that is, the so-called ideology of ‘Scholarly Pragmatism’; in order to spread such ideology, I take also the liberty to suggest the employment of this instrument of soft uniform substantive law in the proceedings, be it arbitral or state court proceedings.”

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