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The United Nations Convention on Contracts for the International Sale of Goods (CISG) is a global treaty that governs the sale of goods between businesses in different countries. The convention has been adopted by over 90 countries, including the United States, China, and most of the European Union.

The CISG was created to provide a uniform set of rules for international sales contracts. This is important because without a uniform set of rules, businesses would have to navigate a patchwork of different legal systems, making international trade more difficult and expensive.

One of the key provisions of the CISG is that it applies to contracts for the sale of goods between businesses in different countries. This includes contracts for the sale of raw materials, finished products, and other goods. The CISG does not apply to contracts for services, intellectual property, or real estate.

Another important provision of the CISG is that it establishes a set of default rules that apply to international sales contracts. For example, the convention provides that the seller must deliver goods that meet certain quality standards, that the buyer must pay for the goods within a reasonable period of time, and that both parties are obligated to cooperate in resolving any disputes that arise.

One of the benefits of the CISG is that it provides a mechanism for resolving disputes between businesses in different countries. The convention provides that disputes arising from international sales contracts should be resolved through arbitration, which is generally faster and less expensive than traditional court proceedings.

Overall, the CISG is an important tool for businesses that engage in international trade. By providing a uniform set of rules for international sales contracts, the convention makes it easier for businesses to navigate the complexities of international trade and conduct business across borders.