DANCEST 805 Lecture Notes - Lecture 21: Multilateral Treaty, Pacta Sunt Servanda, Freedom Of Contract
Document Summary
Community of states needs rules and guiding principles that govern the agreements entered into by its legal subjects. The law of treaties is one of the oldest areas of public il and it is part and parcel of the. Il of coexistence, without which stability and predictability would be difficult to maintain. Primary rules and principles in the area of the law of treaties are found in the 1969 vienna convention on the law of treaties (vclt), adopted in may 1969 and entered into force in january 1980. It seeks to codify existing customary practices, it generally reflects customary il. The vclt is meant to be applied to all types of written treaties and it therefore governs treaties as diverse as a bilateral agreement as well as a multilateral document. Convention may differ depending on the type of treaties. The treaty as a concept under international law: