
CISG
The CISG, or United Nations Convention on Contracts for the International Sale of Goods, is an international treaty that standardizes rules for buying and selling goods across different countries. It aims to make cross-border trade smoother by establishing clear guidelines on contract formation, obligations, and remedies for non-performance. When countries that have adopted the CISG engage in international sales, their businesses can rely on these common rules, reducing uncertainties and legal conflicts. Overall, the CISG helps facilitate international commerce by providing a predictable legal framework for the sale of goods between parties in different nations.