Brazil — Historical Events Description

Brazil flag
Brazil
Event
UN Convention on Contracts for the International Sale of Goods (CISG) Promulgated
Category
Economic
Date
2014-10-16
Country
Brazil
Description

This made the CISG part of Brazil’s internal legal framework for covered international sales contracts. The change mattered for cross-border trade because it provides standardized rules for contract formation and seller–buyer obligations. It also helped align Brazil with common international commercial practices used by many trading countries.