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United Nations Convention on Contracts for the International Sale of Goods (UNCISG)

John O'Connell


Subject Business and Management » International Management


Extract

In an attempt to standardize the interpretation of international contracts dealing with imports and exports, the United Nations developed and adopted UNCISG in 1980. UNCISG is an attempt to delineate responsibilities of all parties to trade contracts. Although relatively few nations have become signatories of the agreement, efforts are still underway to garner additional support for reducing trade problems through the adoption of standardized rules governing all or parts of trade transactions. See also United Nations Commission on International Trade Law ... log in or subscribe to read full text

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