Harmonization and Unification of International Commercial Law
Abstract
Abstract This chapter traces the history and development of harmonization and unification efforts in international commercial law. It examines the evolution and influence of key instruments and institutions, including the CISG, UNCITRAL, UNIDROIT Principles on International Commercial Contracts (PICC), and the Hague Conference on Private International Law. The chapter analyses their contributions to uniform sales law, contract law, arbitration, mediation, and electronic commerce, and addresses complementary and divergent functions among these regimes. Regional initiatives in Africa (OHADA), Europe (PECL, DCFR), Asia (PACL), and Latin America (PLACL) are discussed alongside trade terms, model contracts, and the modern lex mercatoria. Finally, it explores the ongoing debate regarding the role of regional versus global instruments and the use of lex mercatoria as governing law in international contracts.
Fields of Study & Subjects
European and International Contract Law
Conflict of Laws and Jurisdiction
Law
logistics
and international trade
Publication details
- Journal / source
- Oxford University Press eBooks
- Pages
- 11–24
- Publication date
- 27 January 2026
- Language
- EN
- Document type
- Book chapter