CISG (Convention on Contracts for the International Sale of Goods)

The CISG, or Convention on Contracts for the International Sale of Goods, is an international treaty that standardizes the rules for buying and selling goods across different countries. It provides a framework to ensure that sellers and buyers from various nations understand their rights and responsibilities, making international trade smoother. The CISG covers issues like contract formation, delivery, and remedies for breach, aiming to promote fair and predictable transactions. Countries that adopt the CISG agree to follow its established rules, reducing misunderstandings and legal uncertainties in cross-border commerce.