SPVs as a Multilateral Financial and Political Solution: Evaluating the INSTEX Case
Journal: Politik Ekonomik Kuram
Year: 2025

International relations initially developed through bilateral interactions. While multilateral agreements expanded significantly after World War II, their origins predate this era, reflecting efforts to manage the international implications of sovereignty. The establishment of the League of Nations in 1919 and later the United Nations marked critical milestones in shaping multilateral cooperation. Today, multilateralism functions as a key mechanism for fostering coordination and stability in an