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

The UN Convention on Contracts for the International Sale of Goods (CISG) is an international treaty that provides a legal framework for commercial transactions between businesses in different countries. It aims to simplify and harmonize international trade by establishing common rules regarding contracts, including formation, performance, and breach. Countries that adopt CISG agree to follow its provisions, making it easier for companies to do business across borders by reducing misunderstandings and disputes. This helps create a more predictable environment for international commerce, benefiting businesses and economies worldwide.