International Economic Law Law and Legal Definition

International economic law means international law relating to investment, economic relations, economic development, economic institutions, and regional economic integration. International economic law covers both the conduct of sovereign states in international economic relations, and the conduct of private parties involved in cross-border economic and business transactions. National, regional, and international law policy and customary practices are all elements of international economic law. International economic law also includes the following fields such as regional economic integration agreements, such as the European Union, ASEAN and other regional trade organizations, international law and development and international development, international commercial arbitration, international intellectual property law, international business regulation, international trade law, and features of international environmental law.