What is the United Nations Commission on International Trade Law (UNCITRAL)?

The United Nations Commission on International Trade Law (UNCITRAL) is an intergovernmental organization that promotes uniform legal rules for international trade. It seeks to ensure that global markets remain open, secure, and stable. The UNCITRAL is located at the United Nations headquarters in New York City, and is comprised of representatives from sixty countries, elected by the United Nations General Assembly. The UNCITRAL makes legal recommendations to Member States of the United Nations on how to resolve specific international trade disputes, and assists in developing a uniform legal framework for various types of international trade transactions. The Commission also works to facilitate trade-related procedures, such as the settlement of disputes, the prevention of conflicts, and the harmonization of national legislation. In Colorado, the UNCITRAL’s activities are aimed at providing tools for the state and its citizens to optimize their international trade opportunities. The Commission’s work focuses on helping Colorado’s businesses develop efficient, global trade strategies, while ensuring that their interests are respected and protected under international law. Additionally, the Commission assists Colorado businesses in navigating potentially complex international legal issues, such as identifying potential international business partners, resolving disputes between parties, and controlling the flow of goods and services.

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What is the United Nations Commission on International Trade Law (UNCITRAL)?

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