politics

vienna convention - definition, concept and what it is

The so-called Vienna Convention entered into force in the early 1980s and is an international agreement in relation to the market for the sale of merchandise. It is a pact framed within international law and that regulates commercial traffic contracts throughout the planet.

Currently, the Vienna Convention is an agreement signed by more than 80 countries in the world. In a simple way, this great pact consists of the demand that the seller has to transmit to the buyer the ownership of the goods free of charge. This is because in this way it is avoided to come into conflict with other legal traditions, which could have hindered international regulations such as that of the Vienna Convention.

The problem of interpreting trade rules

The Vienna Convention was launched to minimize possible interpretations in commercial sales and purchase relationships

In this sense, the Vienna Convention does not say how the rules should be interpreted but rather emphasizes the general principles that should govern trade relations. Thus, the international dimension of this agreement means that a judge of a specific country cannot interpret the provisions according to the meaning of its internal legal system, but must bear in mind its international character.

Special features of the Vienna Convention

Purchase-sale contracts refer to the supply of merchandise subject to manufacture and therefore are not applicable to the purchase and sale of merchandise for private use, trade titles or the auction of goods.

The content of the Vienna Convention has the purpose of promoting the uniformity of commercial relations and favoring buying and selling in its transnational dimension.

The contracts will only have effect and validity if they are known by the parties involved.

The seller of some goods is obliged to deliver them according to the provisions of the contract, clearly identified and with the corresponding documentation. Likewise, the responsibilities that the seller must assume in relation to the packaging, transport and safety of the goods are specified.

On the other hand, the buyer has to fulfill a series of obligations related to the examination of the goods, the payment deadlines and the conformity of the receipt of the goods.

Finally, those rights and legal actions that can be promoted in the event of breach of a contract are specified.

Photos: iStock - spastonov / EdStock

$config[zx-auto] not found$config[zx-overlay] not found