The purpose of the CISG is to provide a modern, uniform and fair regime for contracts for the international sale of goods. Learn more about identifying currency pairs in the futures market, including naming conventions for contracts and the trading codes.Step 1: Complete the taxpayer information section. The Convention on Contracts for the International Sale of Goods (CISG) outlines practices for parties with businesses located in different nations. (2) The parties are considered, unless otherwise agreed, to have impliedly made applicable to their contract or its formation a usage of which. All UCD departments should be aware of the risks, including potential loss of Dollars, involved in agreements containing payment terms in foreign currency. Apply to Administrative Assistant, Adjunct Faculty, Education Coordinator and more! At Export Development Canada (EDC), we measure success one way: our impact in helping. The next step is to negotiate a foreign sales agreement. There is certain information you need to provide, and many legal issues to consider.