a) FCN (Friendship, Commerce and Navigation) and Tax Treaties primarily US based and
concerned with giving protection of trading rights and avoiding double taxation.
b) IMF and GATT already discussed in the previous section and concerned with member
nations international trade restrictions and dumping.
c) UNCITRAL (UN) international trade law commission set up with the intent to provide a
uniform commercial code for the whole world, particularly international sales and payments,
commercial arbitration and shipping legislation. Works with international chambers of
commerce and Governments.
d) ISO (International Standards Organisation) often works with ILO, WHO etc. and contains
technical committees working on uniform standards.
e) Patents and trademarks there is no such thing as international patent. The most important
patent agreement is the International Convention for the Protection of Industrial Property,
first signed in 1983 and now honoured by 45 countries. The treaty provides that if a filee files in a signatory country within one year of the first filing, the filee will be afforded the date of the first filing for priority purposes.
A patent cooperation treaty (PCT) and a European Patent Convention are also in effect. The
PCT has 39 countries including the USA, Japan and Brazil. The EU convention covers 15
countries and gives patent protection in all 15 if signified in one.
f) Air transport is covered mainly by IATA (International Air Transport Authority), ICAA
(International Civil Aviation Authority) and ITU (International Telecommunication
Company).
g) Codes of conduct, like those in the OECP, are not technical law but important. Member
countries produce guidelines for multinational enterprises covering aspects of general policy,
disclosure of information, competition, financing, taxation, employment and industrial
relations.
h) Recourse arbitration is an attempt to reduce disputes by consultation. Some of the most
widely used are the International Chamber of Commerce, the American Arbitration
Association, the London Court of Arbitration and the Liverpool Cotton Exchange.
Titany answered the question on November 25, 2021 at 12:07
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