Protocol amending the Convention on the Limitation Period in the International Sale of Goods

General Detail

General Information

  1. Type: Convention
  2. Date of signature:
  3. Place of signature: Vienna, Austria
  4. Depositary:
  5. Date of entry into force: 01/08/1988

Category

Contracts

Sub category

Sale of Goods

Groups

OPENESS TO MTRSUNCITRAL

What is it about?

This Protocol modifies the Convention on the Limitation Period in the International Sale of Goods (New York, 14 June 1974) in order to harmonize its provisions with those of the United Nations Convention on the International Sale of Goods (Vienna, 11 April 1980). The changes brought about by the Protocol concern the conditions of application of the Convention, the kind of sales to which the Convention applies as well as the types of reservations that may be made during ratification.

Why is it relevant?

Standardized rules related to the limitation period in the international sale of goods may reduce the problems resulting from diverse policies of different national legal systems. More importantly, the Protocol adapts the Convention on the Limitation Period in the International Sale of Goods (New York, 14 June 1974) to the provisions of the United Nations Convention on the Sale of Goods (Vienna, April 11, 1980), which is considered to be the leading instrument governing the import and export of goods.

Additional Information

Upon ratification of the present Protocol, a State party automatically becomes a party to the 1974 Convention on the Limitation Period in the International Sale of Goods.

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