Author: Mahammad Jafarov, Legal Consultant, LLB at Baku State University (2018-2022), MA in Diplomacy and International Affairs at ADA University (2022-2024) Editor: Elnur Karimov, LLD (Doctoral Program in Law) at Kyushu University, 2021-2024 Abstract In the globalized world, international trade has become a crucial part of the economy of many countries. With the increasing number...
Author: Mahammad Jafarov, Legal Consultant, LLB at Baku State University (2018-2022), MA in Diplomacy and International Affairs at ADA University (2022-2024) Editor: Elnur Karimov, LLD (Doctoral Program in Law) at Kyushu University, 2021-2024 Abstract Especially in the 20th century, the globalization trend in the development of interstate business relations created a need for uniform regulatory...
Author: Mahammad Jafarov, Legal Consultant, LLB at Baku State University (2018-2022), MA in Diplomacy and International Affairs at ADA University (2022-2024), e-mail: [email protected] Editor: Elnur Karimov, LLD (Doctoral Program in Law) at Kyushu University, 2021-2024, e-mail: [email protected] Abstract The emergence and development of a competitive market environment led to the need for the actors...
INTRODUCTION Force majeure events are defined as certain acts, events or circumstances beyond the control of the parties which are exceptions to the basic rule pacta sunt servanda (“agreements must be kept”). Such as natural disasters, war, riot, crime, revolution, epidemic; general labour disturbance such as boycott, strike and lock-out, go-slow, occupation of factories and premises...