This article discusses the use of the UNIDROIT Principles of International Commercial Contracts in international commercial arbitration. Because the Principles are designed specifically for cross‐border commercial transactions, the use of the Principles avoids many of the legal rules that would govern from otherwise applicable domestic law that do not reflect the expectations of parties in international trade.
I. Introduction
Ⅱ. UNIDROIT and the Principles
Ⅲ. The Principles and the CISG
Ⅳ. Are the Principles Law?
V. When Will The Principles Be Used In Arbitration
VI. The Principles as Neutral Law
Ⅶ. Possible Shortcomings with the Use of the PrinciplesI.
Ⅷ. Conclusion