Convention of 1978

The Convention of 1978, formally known as the "Convention on the Law Applicable to Contracts for the International Sale of Goods," is a treaty that helps determine which country's laws apply to international sales contracts. This convention aims to provide clarity and predictability in international trade by setting rules for resolving legal disputes. By establishing a common framework, it helps businesses understand their rights and responsibilities when engaging in cross-border transactions, promoting fair trade practices and reducing legal uncertainty in global commerce.