International contracts of sale are agreements between parties for the purchase and sale of goods across international borders. These agreements are governed by the international commercial law, which is the set of laws and conventions that govern international trade and commerce.
In Australia, international contracts of sale are governed by the United Nations Convention on Contracts for the International Sale of Goods (CISG) which has been adopted by Australia as well as other countries. The CISG is a standardized set of rules that govern the formation, performance and enforcement of international contracts of sale of goods. The CISG applies automatically to contracts between parties from different countries, unless the parties opt out or agree to use a different set of rules.
The CISG provides rules for issues such as the formation of the contract, the rights and obligations of the parties, the delivery of goods, and the payment of price. It also provides for remedies in case of breach of contract, such as damages and specific performance.
It's important to note that in addition to the CISG, international contracts of sale are also subject to other laws and regulations such as the Incoterms, which are international standard terms for the delivery of goods, and the Hague-Visby Rules, which are international standard rules for the carriage of goods by sea.
