A treaty is an express agreement under international law entered into by actors in international law, namely sovereign states and international organizations. A treaty may also be known as an (international) agreement, protocol, covenant, convention or exchange of letters, among other terms. Regardless of terminology, all of these forms of agreements are, under international law, equally considered treaties and the rules are the same.
Treaties can be loosely compared to contracts: both are means of willing parties assuming obligations among themselves, and a party to either that fails to live up to their obligations can be held liable under international law.
Famous quotes containing the word treaty:
“He was then in his fifty-fourth year, when even in the case of poets reason and passion begin to discuss a peace treaty and usually conclude it not very long afterwards.”
—G.C. (Georg Christoph)
“No treaty is ever an impediment to a cheat.”
—Sophocles (497406/5 B.C.)
“It is accordance with our determination to refrain from aggression and build up a sentiment and practice among nations more favorable to peace ... that we have incurred the consent of fourteen important nations to the negotiation of a treaty condemning recourse to war, renouncing it as an instrument of national policy.”
—Calvin Coolidge (18721933)