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Why India should enter CISG?

Law and Economics. Economic development, uniform law, gap filling, jurisdictional issues,

increased trade and development, better economic development, more foreign exchange.

Problems: Vague, not comprehensive, inexact language ------ it’s just for gap filling, parties are

independent to make contracts. Article 6 provides to vary from the provisions. Some signatory

countries have also kept reservations with regard to the CISG.

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