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INTERNATIONAL TRADE LAW COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
UTI211 INTERNATIONAL TRADE LAW 3 3 3 6

Objectives and Contents

Objectives: The general objective of this course is to introduce students to International Trade Law in both its theoretical and practical dimensions and to provide them with fundamental competence in this field. In this context: Basic Information and Resources: The historical development of international trade law, relevant legislation, international agreements, basic concepts, and resources will be taught. Actors and Structure: Public and private actors in the international trade system (states, international organizations, companies, etc.) and the organizational structure formed by these actors will be examined. Sub-branches and Functioning: The rules and practical functioning of fundamental sub-disciplines that enable international trade, such as international payment methods and transport law, will be conveyed. Dispute Resolution: Ways of resolving international commercial disputes, particularly international commercial arbitration, will be addressed in detail. In short, the course aims to provide students with a comprehensive understanding of the legal framework of international trade and to teach them solution mechanisms for potential problems.
Content: This course will comprehensively cover International Trade Law, from its theoretical foundations to practical applications. The course will primarily focus on fundamental concepts such as the definition, scope, historical development, sources, and actors of International Trade Law (international organizations, companies). Subsequently, the preparation of international commercial contracts, their fundamental principles, applicable law, commonly used contract types, and the CISG (Vienna Convention), which regulates the basic rules governing international sales contracts, will be covered in detail. Subsequently, the course will focus on the practical tools that enable international trade to function, covering topics such as INCOTERMS rules governing the risks and costs associated with the delivery of goods, payment methods such as letters of credit and documentary collection, as well as an introduction to documents, guarantees, and foreign trade financing. The final section of the course will cover the termination of contracts and methods of dispute resolution, providing an overview of international commercial arbitration and covering the sources of arbitration law, the concept of international arbitration, relevant international agreements, and the International Arbitration Law.