The Impact of the Pandemic Situation on Trade Relations Cover Image

Impactul situației pandemice asupra relațiilor comerciale
The Impact of the Pandemic Situation on Trade Relations

Author(s): Dragos Daghie
Subject(s): Politics / Political Sciences, Politics, Law, Constitution, Jurisprudence, International relations/trade, Commercial Law
Published by: Universul Juridic
Keywords: trade; pandemic; impact; traders;
Summary/Abstract: The year of grace 2020 brought a unique situation for our society, in the context of pandemic situations never seen before by contemporaries. The danger of losing one's life but also the fear of the unknown has determined and continues to determine a state of insecurity that is fundamentally reflected in all areas of society. Of course, the sphere of trade could not be avoided, this very important area of the economy being severely affected by all the measures that have been taken to combat, limit and prevent the spread of the virus. Thus, the commercial contracts suffered, the non-executions of the contract being very common, just as the delays or non-conformities increased. Also effects on trade were the decreases in the number of transactions and the clientele that used the goods/services of traders, given the travel limitations and restrictions imposed during emergencies and/or alerts.