For information only - not an official document
6 July 2012
Denmark Becomes a Party to Part II (Formation of the Contract) of the United Nations Convention on Contracts for the International Sale of Goods (CISG)
VIENNA, 6 July (UN Information Service) - On 2 July, Denmark completed the process to become a party to Part II of the United Nations Convention on Contracts for the International Sale of Goods (CISG). This action takes effect on 1 February 2013, and, from that point forwards, Denmark will apply both CISG Part II, which covers the formation of contracts, and CISG Part III, which covers the obligations of buyers and sellers. This development will not affect the exclusion of the CISG in situations where all contracting parties have their places of business in the five Nordic States (Denmark, Iceland, Finland, Norway and Sweden).
Denmark accepts the provisions on contract formation by withdrawing a declaration, made upon signing the CISG in 1981, that it would not be bound by Part II. Denmark's action is part of a current trend for States to reconsider declarations made upon signing or acceding to the CISG. Withdrawal of these declarations increases the level of legal uniformity in the scope of application of the convention. Finland and Sweden have recently lodged treaty actions similar to those of Denmark. (See press releases UNIS/L/164 of 1 June 2012 and UNIS/L/162 of 22 May 2012.)
The United Nations Convention on Contracts for the International Sale of Goods 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. The CISG is therefore considered to be one of the core conventions in international trade law.
The CISG, which has been adopted by a large number of major trading countries, 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. The CISG has currently 78 State Parties.
Further information on the CISG is available on the UNCITRAL website at www.uncitral.org
The United Nations Commission on International Trade Law (UNCITRAL) is the core legal body of the United Nations system in the field of international trade law. Its mandate is to remove legal obstacles to international trade by progressively modernizing and harmonizing trade law. It prepares legal texts in a number of key areas such as international commercial dispute settlement, electronic commerce, insolvency, international payments, sale of goods, transport law, procurement and infrastructure development. UNCITRAL also provides technical assistance to law reform activities, including assisting Member States to review and assess their law reform needs and to draft the legislation required to implement UNCITRAL texts. The UNCITRAL Secretariat is located in Vienna, Austria.
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