Law

international sales law

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The genesis for this book was an interest in looking at the world’s most successful substantive international commercial law convention – the United Nations Convention on Contracts for the International Sale of Goods (CISG) – from various national and methodological perspectives. Success here is measured by the overwhelming reception of the CISG by countries throughout the world. By late 2013, Brazil (4 March 2013) and Bahrain (25 September 2013) became the seventy-ninth and eighth countries to adopt the CISG.1 Thus, the CISG, along with the New York Convention,2 can be seen as the two most successful international private law conventions in history. The former deals with the substantive area of sales of goods; the latter is a procedural law requiring signatory countries to enforce the arbitral awards of other countries to the Convention. At the current rate of adoption, there is little doubt that the CISG will in the near future reach one hundred adoptions.
The ordinary measure of importance of a convention is by the number of countries adopting, acceding, or ratifying the convention. Many international conventions or model laws are impressive in name, but are of little significance in practice. Numerous worthy, and not so worthy, conventions have failed to reach the minimum number of signatories to become effective, and others have entered into law, but have not obtained the critical mass of participating countries to have much of an effect in the real world. The CISG has clearly reached both thresholds of importance – entering into force and a critical mass of adoptions. But, unlike the New York Convention, private parties have the ability to opt out of the CISG, thus presenting a third threshold of effectiveness – the CISG importance in practice. This issue was the thematic genesis for this book.

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Detail Information

Series Title

international sales law

Call Number

-

Publisher

USA : Cambridge University Press., 2014

Collation

1-806

Language

English

ISBN/ISSN

978-1-107-02038-2

Classification

NONE

Content Type

-

Media Type

-

Carrier Type

-

Edition

1st Edtion

Subject(s)

Law

Specific Detail Info

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