Entitlement to interest according to the provisions of the UN Convention on Contracts for the International Sale of Goods

This paper is devoted to the analysis of Article 78 of the UN Convention on Contracts for the International Sale of Goods which, due to its insufficient determination, creates numerous discussions in both theory and practice that inevitably leads to a violation of uniformity in the application of the Convention. The paper presents dominant theoretical attitudes in solving interest issues, as well as court and arbitration practice in this matter. In order to ensure predictability and legal certainty in international trade, this paper is devoted to finding uniform and commercially realistic solution for calculating interest based on the Convention itself.