2. Different legal environments
The law traditionally distinguishes between public international law, which lays down legal rules applicable to States and international organizations, and private international law, which governs relations between private persons, individuals and legal entities such as companies.
The PPP principle
A public-private partnership (PPP) is a financing method whereby a public authority calls on private service providers to finance and manage a facility that provides or contributes to a public service. In return, the private partner receives payment from the public partner and/or the users of the service it manages. This type of financing is found in many countries, in a variety of forms....
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Different legal environments