United Nations Convention on Contracts for the International Sale of Goods

The United Nations Convention on Contracts for the International Sale of Goods (CISG) is a treaty that provides a uniform set of rules for international commercial transactions involving the sale of goods. It aims to create consistency and predictability in cross-border trade by outlining the rights and obligations of buyers and sellers. The CISG covers aspects like contract formation, performance, and remedies for breach. Countries that adopt the CISG agree to follow these guidelines, which helps facilitate international trade by reducing legal uncertainties and fostering trust among trading partners.