Written by a team of international experts, the second edition of this leading commentary includes revised and updated article-by-article analyses.

Effective cross-border trade depends on reliable rules and legal certainty. However, cross-border trade is a complex undertaking, not limited only to sales, but also encompassing carriage and transport, finance, and marketing. Accordingly, a clear understanding of the legislation underpinning the major areas of commercial law is absolutely essential for successful international commerce.

This second edition includes includes updated analysis of the Convention on Contracts for the International Sale of Goods (CISG), the Convention on the Limitation Period in the International Sale of Goods (LPC), UNIDROIT Principles of International Commercial Contracts (PICC), Incoterms© 2020 and the Convention on the Contract for the International Carriage of Goods by Road (CMR). It also looks at COTIF Uniform Rules Concerning the Contract of International Carriage of Passengers (CIV) and Goods (CIM), Convention for the Unification of Certain Rules for International Carriage by Air (Montreal Convention), the Budapest Convention on the Contract for the Carriage of Goods by Inland Waterway (CMNI), and the EU Commercial Agents Directive 86/653. The EU Late Payment Directive 2011/7, Convention on International Interests in Mobile Equipment (Cape Town Convention) and Uniform Customs and Practices for Documentary Credits (UPC 600) are also explored.