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United Nations headquarters in New York/Photo: IDN/Shutterstock.com United Nations headquarters in New York/Photo: IDN/Shutterstock.com

Notwithstanding the fact that the UN Convention on Contracts for the International Sale of Goods (CISG) has been in existence and United States has been a signatory since the 1980s, as shown by the recent cases across the country, parties to the international trade contracts (as well as many practitioners) are still not aware about CISG’s existence and its application to a potential contract dispute. This leads to unpleasant surprises during litigation or arbitration when the parties realize for the first time that their dispute is governed by the unfamiliar contract regime under CISG and not the domestic law.

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