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“Good faith, bona fide, Treuglauben, buena fe ” is a very important principle in many different aspects in our life. It has a different name in different countries and languages, but is it only the name that differs, or does also the meaning differ from country to country? Through my dissertation, I am taking the opportunity to further research and analyze the facts, the theories, comments, opinions and the bibliography of the definition and the understanding of the principle of good faith in the international trade. The subject, due to its international character can have a very important role in the international transactions and contracts. The reason of its importance is the tremendous effect on the international trade in the contractual and precontractual obligations. The relevance increases due to the differing interpretation of the principle in legal traditions. Good faith is a principle which is not explicitly defined and regulated in the Vienna Convention and therefore it can result to legal consequences for the parties before and during a binding contract. My paper is going to provide a detailed overview of the subject, how it is enforced in different states depending on the domestic law and morals of the countries, and also by providing research based on case law, court decisions and their scientific interpretation. The trigger point for me to choose defending this subject as my master thesis, was the lecture on Transnational Commercial Law by Prof. Teresa Rodriguez de las Heras Ballell during the last fall and the summer semester of the LL.M program of the International Hellenic University. During this course, the professor offered us the opportunity to thorough analyze the United Nations Convention on International Sale of Goods and also interpret the principles which are not detailed listed in the Convention. Through case solving technics used by the professor, my interest on the subject and on its legal aspects increased. I noticed that, the “Good Faith” is found five times in the Vienna Convention: in the Preamble, Art. 26, 31, 46, and 69 but none of them determines exactly how it is to be enforced in the contractual obligations by the parties, especially by the seller. During the lectures we were offered by the professor scientific commentary about article 7 of CISG. I was interested in finding out more scientific information about the subject, and that is why I believe that my thesis is my way to contribute in the research and interpretation of the good faith principle in international trade.