After conversations today with a lawyer and fellow FWA traveler Maureen W. McCarthy, the issues are several in enforcing any foreign contract.
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Oil Minister Hussein al-Shahristani, a Shia, insists that Baghdad will not recognize any contract between foreign oil companies and the Kurdistan Regional Government (KRG).
Many of China's exports are products that are made in China on contract for foreign companies, he said, so the U.S. shouldn't criticize China for running a big trade surplus.
U.S. lawmakers have also resisted big defense contract awards to foreign suppliers, even those with U.S.-incorporated subsidiaries.
Here a dentist, doctor or small-business owner signs an employment contract with a foreign (usually Irish) employee-leasing company, which then leases his services to a U.S. leasing company, which in turn leases his services back to his business or practice.
Washington is hardly unique in wanting a liberal world system of open trade, freedom of the seas, enforceable rules of contract and protection for foreign investment.
In essence, if someone in Oklahoma, or a business or corporation in Oklahoma, wants to sign a contract with provisions of foreign or international law, they can do so.
Dollar inflows into Brazilian bonds might contract a bit, but foreign direct investment should remain stable as Brazil starts looking a little cheaper.
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Even if the foreign partner has the larger stake, the initial contract is usually so restrictive that the venture cannot change the scope of its business or acquire another firm without government approval, which is rarely granted.
But even with foreign involvement, and even if a bankable electricity sales contract with Thailand is put in place, it would still be almost impossible for Laos to raise the necessary money.
Successful independent TV stations, such as Tolo TV, which has a contract with DJ Besho, make careful cuts to foreign music videos they show to avoid criticism from the religious establishment.
But American politicians are bound to kick up a stink about any contract going to a firm that has even a vestigial shareholding by foreign governments, albeit allies.
Marks' arrival in Plymouth has led to Brian McKenzie being released from his contract with the Raiders, ensuring the club stay within the limit of three foreign players.
This is forcing Japanese companies and foreign companies operating in Japan to use U.S. courts and U.S. contract law, he says.
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