Research On Security On International Economic Contract

Security of international economic contract, as the civil legal system to ensure credit & debt relationship of international economic contract or that takes performance of contract as the essential character, originates from the strong requirements of international economy, and is the certain product of the development of commodity economy. Security of international economic contract has started late in China, and due to the difference in condition of countries, there are few experiences that can he learned from. Particularly, the research on means of security of international economic contract in our legal field has just started; relevant theory or legislation is not perfect. There are lawsuits on foreign involved security from time to time, which have led to great loss to our economy. So, this article tries to apply theory of civil law, stresses the research on security of international economic contract. The major contents include implication of security of international economic contract. The most important means of international economic contract are security from hank, letter of credit, and standby credit. This article places emphasis on statement relevant contents on the three means, analyzing issues to be paid attention to in foreign involved security in China, and try to provide complete and reasonable discussion on some important issues of security on international contract, to provide reference for deep research on security of international economic contract and foreign trade practice.