AN EXAMINATION OF THE LEGAL REGIME FOR NIGERIA’S INTERNATIONAL TRADE

Abstract

International trade is a matter of vital importance for developing countries since it can stimulate growth and contribute to poverty reduction. Trade is however an increasing complex issue and policy makers in developing countries will need to understand the many ramifications of multilateral trade agreements if their countries are to benefit from this engine of growth. The laws that regulate International trade are often complex and difficult to apply. This is so because, like other branches of international law, apart from regulating the conduct of parties, deals with the choice of law, especially where sanctions are to be imposed. This study examines the legal regime relevant for Nigeria’s international trade.