Sanctions clauses that are wisely or imprudently constructed continue to be inserted into trade finance instruments and may heavily impact the legal rights and transactional obligations of involved parties.
Various articles from the June 2024 edition of DCW caught the attention of ICC Banking Commission Senior Technical Advisor Dave Meynell who offers the following comments.
In a high profile case involving standby letters of credit issued in connection with aircraft leases to Russian airlines and
Explore Tuvalu's journey towards digital transformation in international trade. Learn how UNCITRAL, in collaboration with global partners, supports legal reforms. Tuvalu adopts the UNCITRAL Electronic Transactions Bill, aligning with global standards for electronic commerce.
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