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Efforts for a Europian Civil Code: Unidroit Principles

By Ll.M. Uarda Albunesa and Hermina Albunesa.

Published by The Organization Collection

In the framework of development and perfection of the sources of international law, in a reality where global trade operators increasingly tend to act secure beyond political and different legal systems borders, in a global market where international commercial contract is already a legal institute instrument and an economic instrument with a big impact and stretch, it is interesting to treat in this research a legal source that more than others, aims to customize the following needs of a global market.
Many of the conceptual changes in Albanian Company law are driven by the goal of approximation to European Union standards. That’s why the purposes of this article are to analyze and interpret the innovation that Unidroit Principles are going to bring, as an alternative source and not as obligatory between parties, which tend to resolve disputes with international commercial contracts object.
The development of the uniform law represents a first step and most important, that tend after its application in practice, together with the advantages that it brings in the field of legal regulation of international contracts, becoming a tool used primarily by economic operators.
It should be stressed that economic development of a country is a premise to be part of the European Union, so is necessary to be mentioned the influence of international commercial contracts in the economic power of a coun- try and as a consequence the necessity of their legal adjustment.

International Journal of Knowledge, Culture and Change Management, Volume 11, Issue 3, pp.171-178. Article: Print (Spiral Bound). Article: Electronic (PDF File; 747.027KB).

Ll.M. Uarda Albunesa

Postgraduate Student, Civil Department, University of Tirana, Shkoder, Albania

Hermina Albunesa

Head of Juridical Sector, Juridical Sector, Instiuttion of Prefect, Albania