The United Nations Convention on Contracts for the International Sale of Goods (CISG) Vienna 1980 is an international treaty that was adopted by the United Nations Commission on International Trade Law (UNCITRAL) in 1980. It provides a uniform legal framework for contracts for the international sale of goods between parties from different countries and has been adopted by over 90 countries worldwide.
The CISG governs the formation of contracts, the rights and obligations of buyers and sellers, the delivery of goods, and the remedies available in the event of a breach of contract. It applies to contracts for the sale of goods between parties whose places of business are in different countries, provided that both countries have adopted the CISG or that the parties have agreed to its application.
One of the key features of the CISG is that it provides a level of certainty and predictability in the international sale of goods. By establishing a uniform legal framework, it reduces the risk of misunderstandings and disputes arising from differences in national laws and practices.
Among the provisions of the CISG are rules governing the formation of contracts, including the offer and acceptance of the contract, and the obligations of the parties once the contract is formed. The CISG sets out the obligations of the seller, including the requirement to deliver goods that conform to the contract and to provide any necessary documents, such as bills of lading or certificates of origin. It also sets out the obligations of the buyer, including the obligation to pay the price and take delivery of the goods.
In the event of a breach of contract, the CISG provides remedies for both the buyer and the seller. These include the right to terminate the contract, the right to demand specific performance, and the right to claim damages. The CISG also provides for the calculation of damages and the limitation of liability in certain circumstances.
Overall, the CISG is an important treaty for businesses engaged in international trade. By providing a uniform legal framework, it promotes certainty and predictability in the international sale of goods, reduces the risk of misunderstandings and disputes, and facilitates the efficient resolution of any disputes that do arise. As such, it is an essential tool for businesses that wish to engage in international trade with confidence and security.