THE SPECIFICS OF DETERMINING THE APPLICABLE LAW IN THE CONTEXT OF THE DIGITALIZATION OF FOREIGN ECONOMIC TRANSACTIONS

Authors

  • Imamova Dilfuza Ismailovna Candidate of Legal Sciences, Associate Professor, Professor of the Department of Civil Law and International Private Law disciplines University of World Economy and Diplomacy Author

Keywords:

Applicable law; digitalization; foreign economic transactions; conflict-of-law; private international law; artificial intelligence; smart contracts; blockchain; lex loci solutionis; lex loci contractus; personal law of the operator, the personal law of the developer, law of the location of the servers; localization.

Abstract

This article examines issues related to determining the applicable law in the context of the digitalisation of foreign economic transactions. Particular attention is paid to the analysis of conflict-of-law rules, such as the personal law of the operator, the personal law of the developer, and the law of the location of the servers. The conclusion formulates proposals for improving approaches to determining the applicable law in digital foreign economic transactions, including such forms as Internet auctions, Internet exchanges, Internet tenders, and Internet competitions.

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Published

2025-08-31

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Section

Articles