Globalisation and Harmonization of Contract Law
The International Conference Education and Creativity for a Knowledge Based Society – LAW, 2012, Titu Maiorescu University, pp. 55-56
Posted: 7 Mar 2013
Date Written: 2012
The draft of a common contract law for the countries of the European Union contained in the "Principles of European contract law “is published in 2000 and 2003, the "Principles of European contract law" has been developed later by the "Common frame of reference".
A legal system which governs 27 States, written in 23 official languages concerning the contracts could be useful for the national courts of justice in their interpretation too. Promoting integration and harmonization of the contract law was the aim of all the groups of study appointed by the Commission.
Keywords: globalization, harmonization, integration of law, principles of European contract law
JEL Classification: A1
Suggested Citation: Suggested Citation