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Published on July 11th, 2017 | by Anna-Maria Tonikidou

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Fiji accedes to the UN CISG

With its accession to the United Nations Convention on Contracts for the International Sale of Goods (CISG), Fiji becomes the eighty-sixth State Party to the Convention. The adoption of the CISG by Fiji has taken place in the context of a joint initiative between the Government of Fiji and UNCITRAL, through its Regional Centre for Asia and Pacific, aimed at modernizing the law of international trade of that country. The Convention will enter into force for Fiji on 1 July 2018.

The CISG provides an equitable and modern uniform framework for the contract of sale, which is the backbone of international trade in all countries, irrespective of their legal tradition or level of economic development. Its adoption and use may contribute significantly to introducing certainty in commercial exchanges and decreasing transaction costs.

The CISG establishes a comprehensive code of legal rules governing the formation of contracts for the international sale of goods, the obligations of the buyer and seller, remedies for breach of contract and other aspects of the contract. A large number of major trading countries are already parties to the CISG, which is considered to be a core convention in international trade law.

Further information on UNCITRAL texts is available on the UNCITRAL website here.





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