Between 2024 and the first half of 2025, a long-standing global trend has accelerated: the gradual abandonment of the US dollar as the dominant currency in international trade. This phenomenon, known as de-dollarization, is reshaping financial and legal frameworks worldwide, with major implications for international commercial law and cross-border contracts.
The European ecological transition is not just a declaration of intent. With the final approval of the Corporate Sustainability Due Diligence Directive (CS3D) by the Council of the European Union on 24 May 2024, the European Green Deal enters strongly into the contractual relationships of companies, Imposing new sustainability obligations along the entire value chain.