what is international commercial law
International Commercial Law is a body of legal rules, conventions, treaties, domestic legislation and commercial customs or usages, that governs international commercial or business transactionsal sale transactions.A transaction will qualify to be international if elements of more than one country are involved.nternational commercial contracts are sale transaction agreements made between parties from different countries. The methods of entering the foreign market, with choice made balancing costs, control and risk, include: 1  Export directly.