Freedom of Contract in International Oil and Gas Supplies in Terms of Sanctions, Energy Transition and Digital Transformation
https://doi.org/10.21686/2411-118X-2023-2-140-146
Abstract
The tragedy that claimed a huge number of human lives in Turkey and Syria cannot go unnoticed. It shows how vulnerable communities are in the face of a natural disaster. In these circumstances, states should join their efforts to meet common climate, energy and other challenges, but, unfortunately, pain and tragedy do not unite. Their interests are strongly divided. This is evidenced by a growing number of unilateral restrictive measures. For example, as of February 19, 2023, more than 14,000 sanctions have been taken against Russia, and their number tends to grow. Let us see how all these events and measures affect corporations, that make economies gain access to energy, new technological solutions and investments, and thus make international trade and economic relations normally run within the framework of the World Trade Organization and other universal and regional organizations and unions based on the freedom of contract.
About the Author
M. V. Kaurakova
Financial University under the Government of the Russian Federation
Russian Federation
Russian Federation
Associate Professor of the Department of Legal Regulation of Economic Activity
49/2 Leningradsky Avenue, Moscow, 125167
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Review
For citations:
Kaurakova M.V. Freedom of Contract in International Oil and Gas Supplies in Terms of Sanctions, Energy Transition and Digital Transformation. ECONOMICS. LAW. SOCIETY. 2023;8(2):140-146. (In Russ.) https://doi.org/10.21686/2411-118X-2023-2-140-146
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