New private law conventions shape cross-border commercial transactions globally.
The article discusses how international law affects private commercial transactions. It focuses on private law conventions, which are often overlooked in international law textbooks. The chapter explains the structure, interpretation, and enforcement of private law conventions, as well as their relationship with public law. It highlights the importance of balancing creditors' rights with public interests and State security in these conventions. The article also covers reservations, declarations, and conflicts between conventions.