Not a Lexis+ subscriber? Try it out for free.

Lexis® Hub

Contracting in the Global Marketplace: The UN Conventions on Contracts for the International Sale of Goods and the Limitation Period in the International Sale of Goods

The United Nations Convention on Contracts for the International Sale of Goods (CISG) is not merely a codification of the status quo in international trade, but is part of a progressive effort toward harmonizing diverse approaches to international law. As of July 2005, some 65 countries had ratified, approved, accepted, acceded, or succeeded to the CISG. The United Nations Convention on the Limitation Period in the International Sale of Goods, as amended by the Protocol (the "Limitation Convention"), was intended to operate with the CISG as a companion convention. Together, the CISG and the Limitation Convention ("the Conventions") were intended to provide a coherent and internationally recognized body of law to govern agreements between parties involved in the international sale of goods.

Read the entire article by clicking on the link below.