Vienna Convention

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Vienna Convention

Common name for the United Nations Convention on Contracts for the International Sale of Goods. They are a body of law governing the international sale of goods between parties domiciled in member countries.

Vienna Convention

Formally known as the United Nations Convention on Contracts for the International Sale of Goods; an international treaty governing international commerce, defining the rights and duties of an exporter/seller and an importer/buyer. For example, it states that the seller must deliver the goods and the buyer must pay for them. Importantly, the treaty sets forth a variety of agreements into which exporters and importers may enter. This list of agreements lays out when the risk associated with delivery of the goods transfers from the seller to the buyer, and who is responsible for what costs. For example, a CPT agreement states that the seller must pay for shipment, but the buyer assumes all risk once the goods are transferred to the first transporter. More than 70 nations subscribe to the Vienna Convention. See also: Incoterm.
References in periodicals archive ?
At the same time, the MEA reiterated New Delhi's demand for Washington to treat the case of Indian diplomat Devyani Khopragade strictly as per the Vienna Conventions.
Responding to ANI's question as to India's exact position on the Vienna Conventions, MEA spokesman Syed Akbaruddin said: "The Vienna Conventions are global conventions to which all countries are committed.
The European Union has warned India that it is in violation of Vienna Conventions over New Delhi's extraordinary moves to prevent Italian ambassador Daniele Mancini from departing the country in connection with the deepening row over two Italian marines charged with the murder of two Indian fishermen.
Ashton cited that the 1961 Vienna Convention on diplomatic relations "is a cornerstone of the international legal order and should be respected at all times" and that any tampering with Mancini's freedom of movement "would be contrary to the international obligations established under this convention," adding that Rome and Delhi should find a mutually acceptable solution through dialogue.
At a news conference after the meeting Quraishi forcefully reiterated his stand that blanket diplomatic immunity claimed by the US for Davis could not be given under the Vienna conventions or the national law.
An inter-ministerial meeting attended by the foreign ministry, interior ministry and a "third institution" discussed the issue in the light of the Vienna Conventions of 1961 and 1963 and the Pakistan Diplomatic and Consular Privileges Act of 1972.
According to private TV report, in his first public remarks on a case that has cast a chill over an already uneasy partnership, Obama said that detained official Raymond Davis enjoyed diplomatic immunity under the Vienna Conventions.
We certainly regard the inviolability of diplomatic and consular premises as the bedrock principle that is essential to the conduct of international relations, and we expect all nations to abide absolutely by their solemn legal obligations regarding such inviolability under the Vienna Conventions,'' U.
Late Thursday night, the ministry issued a statement denouncing China for violating ''inviolable rights granted to foreign missions and diplomats in accordance with the Vienna Convention on Diplomatic Relations.
17) This reflects the fact that the principles found in both Vienna Conventions on treaties generally represent a codification of preexisting customary law rather than an example of the "progressive development" of law (that is, of the creation of new rules).
At the same time, the MEA reiterated New Delhi's demand for Washington to treat the Khobragade case strictly as per the Vienna Conventions.
Islamabad assures full protection to all diplomats guaranteed under the Vienna Conventions," The Express Tribune quoted Rehman Malik, as saying, during the meeting between the Prime Minister's Adviser on Interior Affairs and the U.
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