
Contracts for the International Sale of Goods (CISG)
The Convention on Contracts for the International Sale of Goods (CISG) is an international treaty that standardizes the rules for buying and selling goods across different countries. It helps businesses from different nations understand their rights, obligations, and remedies in commercial transactions, reducing legal uncertainties. The CISG applies automatically if both parties' countries are signatories, or if they agree to its terms. It covers key aspects such as contract formation, delivery, and remedies for breach, promoting consistent and fair international trade practices.