Transnational business transactions have experienced quite significant developments in various countries, including Indonesia. This development was triggered by government policies in entering regional and multilateral trade. These various agreements in the field of regional and multilateral trade have direct implications for trade transactions. Regional and multilateral agreements have provided opportunities for entrepreneurs (at home and abroad) to transact across national borders directly between their member countries. This rapid development of transactions also has implications for legal developments. These cross-border transactions give rise to rights and obligations that are formulated in legal rules between the parties or business actors. This development can be seen, among other things, from the legal rules agreed by the parties which are outlined, among other things, in the form of trade transaction contracts between business actors. These developments in the legal field encourage understanding and study of legal aspects that arise from various agreements or from developing transactions. However, in facing these developments, the law faculty environment, especially at the Padjadjaran University law faculty, does not yet have an institution or department that specifically studies and anticipates legal developments that arise from various international business transactions.