|Laws That Regulate International Business
In September 2002, in the magazine Foreign Policy, Kofi Annan, the Secretary-General of the United Nations and recipient of the 2001 Nobel Peace Prize, wrote a long article talking about the new globalization of laws:
what binds us into an international community? In the broadest sense, there is a shared vision of a better world for all people. . . there is a sense of common vulnerability in the face of global warming and the threat posed by the spread of weapons of mass destruction. There is the framework of international law, treaties, and human rights conventions (Koffi, 2002, 12).