While NAFTA has set the public-policy stage for free trade, it still lacks a non-national law with which to resolve disputes arising from international contracts. The author points out that among the challenges involved in developing an international law on contracts is a merging of the Common Law and Roman Law traditions. He examines the Principles of International Commercial Contracts, published in 1994 by the International Institute for the Unification of Private Law (UNIDROIT), and finds in them the most promising available starting point for building the needed theory and corpus of international contact law. The author also sees a major role in accomplishing this task for university-based legal scholars as well as practicing lawyers, arbitrators and judges.
"The UNIDROIT Principles and NAFTA,"
Annual Survey of International & Comparative Law:
1, Article 5.
Available at: http://digitalcommons.law.ggu.edu/annlsurvey/vol4/iss1/5