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All Journal Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations
Ismailovna, Imamova Dilfuza
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Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences

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DISTINGUISHING FEATURES OF CONCLUSION OF AN INTERNATIONAL FACTORING CONTRACT FROM AN INTERNATIONAL FOREITING CONTRACT Ismailovna, Imamova Dilfuza
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 10 (2024): Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i10.1062

Abstract

The article considers legal aspects of the conclusion of international factoring and forfeiting agreements, which are important tools of foreign economic activity. The definition of the concept of factoring and forfeiting contract is reflected. Similarities and differences between these two financial instruments are analyzed, taking into account various criteria. Special attention is paid to the international legal regulation of these types of contracts. Recommendations on supplementing the Civil Code of the Republic of Uzbekistan with new provisions on forfeiting contract for the purpose of simplification of law enforcement practice and stimulation of international trade are offered.
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