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Hon’ble Madam Justice Sarada Shrestha,Judge, Supreme Court of Nepal beingpresented with Conference Mementoframework of national law.The growing economic interaction among nations has given rise to a multilateral systemunder the WTO, and codification of the international economic law. It is another areawhere narrow domestic walls of protectionism are brought down. Everything under thisemergent regime might have not been in the interest of the people of the South, but at themoment, other than creatively interpreting the provisions in our favor, there seems to beno way out to opt out of the system. Therefore, it is a challenge of social justice to ensurethat ‘the .haves not’ are not further pauperized because of this system.The growth of non-state rules in economic transaction such as the Universal CommercialPractice (UCP) I on letter of credits, the International Standard Organization (ISO) rules on environmental compliance andthe Type Two agreements in Johannesburg have created new possibilities of a legal regime of voluntary compliance both ininternational and domestic sphere. Therefore, for those of us who believe in’ ‘the rule of law’ the emergent regime seems tobe more the rule of international law than the domestic law. I know this will be difficult for adherents of orthodox Diceyanviews, but this seems to be the reality of today from which there seems to be no escape.Certain weaknesses in the international legal system seem to be the frequent failure to settle the disputes concerning themaintenance of status quo versus - overthrow. Another problem often-raised about international law is the lack of effectiveenforcement mechanism. This does not however mean that the international law has no sanction for its enforcement. Thesanction it possesses seems precarious in their operation particularly for those states, which are less able than others toassert their own rights effectively. But it is not essentially different in the domestic legal regime where voluntary fulfillment ofobligation is hardly done by the strong. Sanction in the traditional legal sense is also being evolved in the domain ofinternational law, For instance, the dispute settlement mechanisms created under the WTO, and the sanctions that arc likely-under the Treaty of Rome that created the International Criminal Court amply give the message that it is not a systemwithout sanction. As mentioned above the sanctions get reflected in the readiness of the state to shoulder responsibility. Inspite of the cynical views that doubt the enforceability of international law, it is not so in reality. Therefore to sum up, I wouldrather argue that complementary of international and national law has come here to stay and there is no escape for statesfrom honoring the dictates of international law the global change in many aspects of modem life, states’ function hasnecessitated the strong international law and effective enforcement system but such a system as I would argue should takeinto account the concerns of least developed and landlocked nations, which require strong support of international communityto do well for their people.A catastrophe may intervene and interrupt or destroy what is being done, buteven then the final result is sure. For in any case the unification is a necessity inthe course of Nature, an inevitable movement and its achievement can be safelyforetold. Its necessity for the nations also is clear, for without it the freedom ofthe small nations can never be safe hereafter and even large and powerful nationscannot really be secure.— Sri Aurobindo--62--