ICC Model Contract – International Sale (Manufactured Goods) – 2024 Revision

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An international business transaction requires a precise and detailed underlying contract. However, it can be expensive and time-consuming to draft such a contract oneself. The International Chamber of Commerce, the world business organization, has responded to the market’s need for a reliable and equitable model with the ICC Model International Sale Contract, which provides a solution in presenting a set of clear and concise standard contractual conditions for the most basic international trade agreement. Although this Model is denominated a ‘sale’ contract, it is equally appropriate for use by buyers as it balances the interests of exporters (sellers) and importers (buyers). It may thus also be used for a so called ‘purchase’ agreement.
The model contract is divided into two parts: Specific Conditions, which allow the parties to use the Model directly by filling in the blanks in the form; and General Conditions, which provide a platform of standard legal terms and thus a reference tool for contract drafting or negotiation. These General Conditions may be used together with the Specific Conditions, or independently.
The introductory section explains the scope of the contract, how it should be used, and contains helpful tips and reminders. In addition, the new interactive digital version of the model allows users to tailor the Specific Conditions to their transaction easily, with relevant guidance appearing on the screen as users make particular choices.
The ICC Model International Sale Contract is specifically adapted for transactions governed by the UN Convention for the International Sale of Goods (CISG) that is added in the annex and applies to an increasingly large volume of international sales.
This is the latest in a series of successful ICC model contracts prepared by a dedicated Task Force under the auspices of the ICC’s Global Commission on Commercial Law and Practice, then chaired by Professor Fabio Bortolotti (Italy). The Task Force was chaired by Koen Vanheusden (Belgium) and the model has benefited from the active participation of the following Task Force members: Dragan Beljić (Serbia); Fabio Bortolotti (Italy); Marie-Christine Cimadevilla (France); Giovanni Leo (Italy); Julien Maire du Poset (France); Gal-yah Natan-Epstein (Israel); Burghard Piltz (Germany); Christoph Martin Radtke (France); and Isabelle Smith Monnerville (France).
The 2024 update – taking account of sanctions regimes, among other changes — benefited from the active participation of the Chair of the Global Commission on Commercial Law and Practice, Ercüment Erdem (Turkey); Valle Garcia de Novales (Spain); and Christoph Martin Radtke (France).