International Trade and The Rule of Law

Publication Date


Document Type

Special Contribution


The Sixth Annual John E. James Distinguished Lecture
September 12, 2006

If the Merchant of Venice had executed contracts with bankers of Florence instead of sending his wealth East and West (India, Tripolis, etc.), he would still have engaged himself in international trade. The Doge of Venice would have called-as he did-a lawyer from Padua to explain the law. That was the time of a world of cities.

Today, wood pulp producers from Georgia trade in Europe; a pool of international investors gather to build a dam in China; a French company builds a tramway in Jerusalem; and when an Indian investor based in the United Kingdom offers a takeover bid on a French company, the protest of the French authorities, as well as the French decree restricting foreign investments, may be regarded as a breach of European Community ("EC") and international law.

This document is currently not available here.