The New York Agreement for International Sale of Goods with United States Buyer is a legal framework that governs international transactions involving the sale of goods between a seller located outside the United States and a buyer located in the United States. This agreement is based on the United Nations Convention on Contracts for the International Sale of Goods (CSG), which was adopted in New York in 1980. Under the New York Agreement, the parties involved in the transaction agree to adhere to the regulations set forth in the CSG. It provides a uniform set of rules for the formation of contracts, the rights and obligations of the parties, and the remedies available in case of breach of contract. Key provisions of the New York Agreement include determining the place of business of the parties, the obligations to deliver and accept the goods, the passing of risk, and the determination of the price. It also addresses issues such as the requirements for a written contract, variations and modifications to the agreement, and the liability for defects in the goods. There are different types of New York Agreements for International Sale of Goods with United States Buyer, depending on the specific nature of the transaction. Some common variations include: 1. Standard New York Agreement: This is the basic agreement that applies to most international sale of goods transactions between a foreign seller and a U.S. buyer. It covers general provisions and standard terms and conditions. 2. Specialized New York Agreement: In certain industries or sectors, specific agreements may be required to address unique circumstances. For example, there may be specialized agreements for the sale of machinery, technology, or perishable goods to a U.S. buyer. 3. Long-term New York Agreement: In cases where the parties anticipate multiple transactions over an extended period, a long-term agreement may be drafted. This agreement provides a framework for ongoing business relationships and ensures consistency in future transactions. 4. New York Agreement with Arbitration Clause: Parties may choose to include an arbitration clause in their agreement, which stipulates that any disputes arising from the transaction will be resolved through arbitration rather than litigation. This provides a quicker and potentially more cost-effective means of dispute resolution. It is important for both the buyer and the seller to carefully review and understand the terms of the New York Agreement before entering into any international sale of goods transaction. Consulting with legal professionals experienced in international trade law can help ensure compliance with all relevant regulations and protect the interests of both parties involved.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.