Question

In: Advanced Math

CISG impact on supply chain management ?

CISG impact on supply chain management ?

Solutions

Expert Solution

Yes !!!

The UN Convention on Contracts for the International Sale of Goods (CISG) was drafted with the following purpose in mind: to facilitate cross-border transactions through the unification and harmonization of laws across multiple and distinct legal jurisdictions.

The CISG was signed thirty-six years ago, and is a testament to the international community's efforts to create a uniform text of law for the international sale of goods. The CISG has managed to unite some 80 States across the globe to facilitate the international exchange of goods. One may note though that it concerns commercial matters between business entities only

Reaching an international consensus on "business and human rights" came much later than the CISG. 30 years after actually. A humbling fact for a business and human rights lawyer.

This raises the following questions: what role could the CISG play in these scenarios? Could it be used as a vehicle to integrate human rights, as immaterial (or social) standards, into international commercial transactions? Does this need to occur explicitly – as a term of the contract – or is implicit acknowledgement of a company’s corporate responsibility standards and commitments enough? These are some of the issues I’m keen to explore with you today


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