THE CISG BETWEEN THE SUCCESS AND FAILURE.
This paper aims to discuss the United Nations Convention on Contracts for the International Sale of Goods (CISG) and its effectiveness in the achievement of its goal of establishing uniformity in the laws governing international sales. This paper will give an account of the evolution of the CISG, the objectives and the subjects covered by the Convention as well as the principles of good faith and Lex Mercatoria. This paper also aims at to identify the criticisms that have been levelled against the CISG such as those concerning the interpretation, translation and the opt-out provisions. This paper will also discuss the British reluctance in to ratify the convention and the American experience in the application of the convention. Although, this paper points out the weaknesses of the CISG as a means to achieve total uniformity, it is argued that the CISG has gone a long way in establishing certainty in the law of international sales and encouraging convergence of laws despite the difficulties experienced in its adoption and application in various legal systems