What is CISG? What values does the 1980 Vienna Convention on the International Sale of Goods bring to international trade?
CISG stands for Convention on Contracts for the International Sale of Goods, known as the Vienna Convention on the international sale of goods drafted by the United Nations Commission on International Trade Law (UNCITRAL).
This Convention was created with the aim of unifying the source of law applicable to international sales contracts for all countries, while promoting the elimination of legal obstacles in international trade. and will support the development of international trade.
As of now, there are 74 member countries. Among those 74 members, there are many developed and developing countries in the world.
Vienna Convention on the International Sale of Goods 1980 (CISG) includes 101 articles and is divided into 4 sections with the following main contents:
Section 1: Scope of application and general provisions (Article 1- 13)
Section 2: Establishing the contract (order and procedures for signing the contract) (Articles 14-24)
Section 3: Purchase and sale of goods (Articles 25 – 88)
This section is divided into 5 chapters with the following specific contents:
Chapter I General Provisions
Chapter II: Obligations of the seller
Chapter III: Buyer's obligations
Chapter IV: Transfer of risk
Chapter V: General provisions on obligations of seller and buyer
Section 4: Final regulations (Articles 89 – 101)