United Nations Commission on International Trade Law (UNCITRAL)

United Nations Commission on International Trade Law (UNCITRAL)

The United Nations Commission on International Trade Law (UNCITRAL) is a subsidiary body of the United Nations General Assembly established in 1966. Its primary purpose is to promote the harmonization and modernization of international trade law, with the goal of facilitating the flow of international trade and promoting economic development.
UNCITRAL develops and maintains a range of legal instruments and guidelines in the area of international trade law, including the UN Convention on Contracts for the International Sale of Goods (CISG) and the Model Law on International Commercial Arbitration. These instruments are designed to provide a common legal framework for international trade transactions, making it easier for businesses to conduct cross-border trade and reducing the risk of disputes.
UNCITRAL also provides technical assistance to countries that are in the process of modernizing their trade laws, and it provides a forum for the exchange of information and best practices among experts in the field of international trade law.
UNCITRAL has a membership of 60 countries, which are elected by the General Assembly for a six-year term. The Commission meets annually and is assisted by a secretariat located in Vienna, Austria.
In conclusion, the United Nations Commission on International Trade Law is a specialized body of the United Nations focused on promoting the harmonization and modernization of international trade law. Its legal instruments and guidelines, as well as its technical assistance and information-sharing activities, serve to support the flow of international trade and promote economic development.

Discussion

default man
Explore
Reviewing London Capital Group (LCG): Unveiling Accounts, Fees, Platforms, and Safety

Reviewing London Capital Group...

When considering an online broker, delving into the dep...
Review of FxGrow: Trading Platforms, Instrument Variety Pros and Cons

Review of FxGrow: Trading Plat...

Immersing into the intricate tapestry of financial serv...
LegacyFX Review: Unveiling Features, Trading Options, and Platform Details

LegacyFX Review: Unveiling Fea...

Unveiling the intricacies of LegacyFX, a regulated brok...
SuperForex Review 2023: Trading Platform Insights, Account Types & More

SuperForex Review 2023: Tradin...

Discover SuperForex, your gateway to a world of online ...
Review of SimpleFX 2023: Trading Platforms, Instrument, Pros and Cons

Review of SimpleFX 2023: Tradi...

Engaging in the realm of online trading, SimpleFX emerg...
Rakuten Securities review: Regulation, Trading Platform, Trading Instruments, Pros and Cons

Rakuten Securities review: Reg...

Rakuten Securities emerges as an ASIC-regulated entity,...
Review of IFC Markets 2023: Trading Platforms, Instrument Variety Pros and Cons

Review of IFC Markets 2023: Tr...

IFC Markets, also known as the IFCM Group, operates as ...
Review of TriumphFX: Trader Ratings and Regulatory Cautions

Review of TriumphFX: Trader Ra...

Triumph FX, also known as TFXI, operates as a CFD broke...
World Forex Review 2023: Platforms, Assets, Features Explained, Pros and Cons Revealed

World Forex Review 2023: Platf...

World Forex stands as a versatile brokerage offering tr...
Amana Capital Review 2023: Platforms, Instruments, and Regulations

Amana Capital Review 2023: Pla...

Amana Capital Group stands as a globally recognized for...
;