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THE INTERNATIONAL ECONOMIC LAW OF BUSINESS TRANSACTIONS

Core Module (10 ECTS)

Description

This module addresses the international economic law fundamentals applicable to business transactions.


Objectives

Upon completion of the course, the student will be able to:

  • understand the methodological issues pertaining to the diverse international legal dimensions of business transactions today
  • identify the main actors and processes in international business transactions
  • evaluate the various theoretical approaches to the international economic regulation of transnational business
  • ascertain the role of international law principles and concepts in international business transactions
  • critically discuss the key legal problems encountered in business ventures crossing national borders from the perspective of international economic law

Contents

The course covers core rules of international economic law that affect international business transactions mainly (but not exclusively) between private parties. It addresses issues of jurisdiction and nationality in international business transactions and analyzes the interpretation of international uniform law conventions relevant to international business. It also analyzes the theoretical and practical aspects of internationalization of contracts pertaining to international business transactions, and discusses the current import for international business of international public-private partnerships (PPPs), multinational enterprises (MNEs), small and medium-sized enterprises (SMEs) and state-owned enterprises (SOEs). Moreover, the course will refer to the World Trade Organization’s (WTO) regulatory framework’s bearing upon international business transactions (with a focus on subsidies and countervailing duties), the international regulation of foreign direct investment, the emerging principles of transnational competition law, as well as the relevant contemporary role of special economic zones (SEZs). Finally, the module will also discuss the effect of multilateral and unilateral economic sanctions on international business transactions.


Academic Requirements

Participants should have at least some basic previous knowledge of business law and international law.


Teaching method

Teaching will be conducted through interactive, discussion-based, seminars and student participation in the lectures will be required. Basic and further reading lists will be circulated prior to the classes.


Lecturer

The course is taught by Assistant Professor Anastasios Gourgourinis.


Assessment and testing

  • Final written exam, essay questions - 2 hours (80%)
  • Class participation (20 %)

Each participating student may submit one optional practice essay for feedback during the semester.