Akademik Veri Yönetim Sistemi
International Congress on Afro-Eurasian Research IV(Macaristan), Budapest, Macaristan, 27 - 29 Nisan 2018, ss.22, (Özet Bildiri)
Local companies and real persons are engaged in commercial activities on the international scene to be protected against local risks, to open up to new markets and to make more profit. In addition, in the host countries where international trade and investments are made, employment is created, exchange reserves have been increasing and a more competitive environment has been formed. In order to achieve the targeted benefits in international trade, certain global and local risks need to be well analyzed, precautions taken, and particularly well governed by international law. One of these risks is one of the top ten risks in recent years in terms of the risks to be managed by analyzing the political risks (terrorism, coup, rebellion, expropriation, war, foreign exchange conversion and transfer barriers, bureaucratic obstacles etc.). The political risk within the force-majeure, or coercive cause, which is important in terms of international commercial contracts, is called political force-majeure. As a result, it is vitally important to include the political risks separately and in detail, to determine the applicable law and the dispute settlement method in the provisions set forth in the commercial contracts in order to provide compensation and full legal protection in the event of damage. The aim of this study is to analyze the concept of political risk in terms of both international relations and international law in detail.