The UN General Assembly established the United Nations Commission on
International Trade Law (UNCITRAL) in 1966 to harmonize and unify the
law of international trade. UNCITRAL promotes trade as a means of
increasing growth and improving living standards. To increase
opportunities worldwide, UNCITRAL is facilitating the modern and fair
rules on commercial transactions. The Commission is composed of 36
member states representing all geographic regions of the world. In
addition, any state that is not a member, as well as interested
international organizations, may attend sessions of the Commission and
of its working groups as participating observers.
UNCITRAL has
an impact disproportionate to its small size. The Commission created
six working groups covering the international sale of goods and related
transactions; international transport of goods; international
commercial arbitration and conciliation; public procurement;
construction contracts; international payments; electronic commerce;
and cross-border insolvency.
The Commission carries out its
work at annual sessions, which are held in alternate years at the
United Nations in New York and at the Vienna International Center.
UNCITRAL provides training through national and regional seminars in
developing countries as well as briefing missions on international
trade law for the purpose of promoting knowledge about the work of the
Commission and promoting the adoption and use of its texts. UNCITRAL
also publishes a number of documents including an annual Yearbook and
various legal guides. These important efforts support US interests in
developing global markets.
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