International Trade & Business Law & Policy May 2026

Ensuring that a patent in Tokyo is respected in Toronto, primarily through the TRIPS Agreement . 3. Modern Challenges: The "Policy" Pivot

Navigating the UN Convention on Contracts for the International Sale of Goods (CISG) .

The use of export controls, sanctions, and "friend-shoring" as tools of foreign policy. International Trade & Business Law & Policy

You cannot discriminate between your trading partners.

The introduction of mechanisms like the EU’s Carbon Border Adjustment Mechanism (CBAM) , which puts a price on the carbon emissions of imported goods. Ensuring that a patent in Tokyo is respected

While "Trade Policy" happens between governments, "Business Law" happens between entities. This involves:

Moving away from unpredictable foreign courts and toward International Arbitration (e.g., via the ICC or LCIA), which offers neutrality and global enforceability under the New York Convention. The use of export controls, sanctions, and "friend-shoring"

You must treat imported goods the same as locally produced ones once they enter the market. 2. The Mechanics of Business Law