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The Phenomenon of Transnationalization in International Commercial Law

https://doi.org/10.17803/1994-1471.2025.174.5.156-167

Abstract

Transnationalization is characterized by the existence of legal norms and rules that are universal, that is, common in content to most legal orders. Based on a historical review, analysis of current regulations in the area of regulation of cross-border commercial relations and statistics on the consideration of disputes in courts and in international commercial arbitration, it is shown that transnationalization is a key characteristic of modern international commercial law. Transnational are the norms and rules that constitute international commercial law. This state of legal norms and rules in international commercial law over the past 30 years has been ensured primarily through the activities of international organizations. Transnational norms and rules are mainly included in documents that do not have binding legal force. At the same time, such standards have a noticeable legal impact simultaneously in several jurisdictions and in different legal situations.

About the Author

O. V. Fonotova
https://www.hse.ru/org/persons/275468577
HSE University
Russian Federation

Olga V. Fonotova, Cand. Sci. (Law), Associate Professor, Associate Professor, Department of Legal Regulation of Business, Faculty of Law,

Moscow.



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Review

For citations:


Fonotova O.V. The Phenomenon of Transnationalization in International Commercial Law. Actual Problems of Russian Law. 2025;20(5):156-167. (In Russ.) https://doi.org/10.17803/1994-1471.2025.174.5.156-167

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ISSN 1994-1471 (Print)
ISSN 2782-1862 (Online)