CISG applicable to Hong Kong as of 1 december 2022 - Núm. 5-2022, Mayo 2022 - Weekly Digest - Libros y Revistas - VLEX 903528127

CISG applicable to Hong Kong as of 1 december 2022

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On 5 May 2022, The People’s Republic of China (PCR) deposited a declaration of extension of the territorial application of the United Nations Convention on Contracts for the International Sales of Goods (CISG) to Hong Kong, Special Administrative Region.

Since 1988, the CISG applies to territory in Mainland China. However, with the declaration of extensión the CISG will also apply to parties that have their place of business located in Hong Kong. This decision strengthens China’s commercial relationships with States that are part of the CISG, such as Colombia.

According to the information published by the Ministry of Commerce, Industry, and Tourism, in 2021, China became first Asia’s inverstor in Colombia. With the declaration of extension, the parties will have a...

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