United Nations Commission on International Trade Law Official website:http://www.uncitral.org

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United Nations Commission on International Trade Law Official website

United Nations Commission on International Trade Law Official website:http://www.uncitral.org

Mission

The General Assembly gave the Commission the general mandate to further the progressive harmonization and unification of the law of international trade. The Commission has since come to be the core legal body of the United Nations system in the field of international trade law.

Introduction

The United Nations Commission on International Trade Law (UNCITRAL) was established by the General Assembly in 1966 ( Resolution 2205(XXI) of 17 December 1966). In establishing the Commission, the General Assembly recognized that disparities in national laws governing international trade created obstacles to the flow of trade, and it regarded the Commission as the vehicle by which the United Nations could play a more active role in reducing or removing these obstacles.

The core legal body of the United Nations system in the field of international trade law. A legal body with universal membership specializing in commercial law reform worldwide for over 40 years, UNCITRAL's business is the modernization and harmonization of rules on international business.

Trade means faster growth, higher living standards, and new opportunities through commerce. In order to increase these opportunities worldwide, UNCITRAL is formulating modern, fair, and harmonized rules on commercial transactions. These include:

Conventions, model laws and rules which are acceptable worldwide

Legal and legislative guides and recommendations of great practical value

Updated information on case law and enactments of uniform commercial law

Technical assistance in law reform projects

Regional and national seminars on uniform commercial law