Ch.17 Conclusion and Observations

Subject(s):

Construction of contract — UN Sales Convention and damages

This concluding chapter argues that two important factors need to be taken into account at a time when the pace of globalisation and internationalisation of trade has quickened. First, an understanding of the problems of devising and implementing uniform and harmonised laws is necessary. Second, existing international conventions, such as the United Nations Convention on Contracts for the International Sale of Goods (CISG), that offer practical solutions to harmonisation must be recognised and adopted by the legal profession when drafting international contracts. Ultimately, unification of laws will depend on internationalisation and respect for other systems' decisions. As such, the uniform European laws must be replaced by uniform international laws as trade spans international borders.