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

The United Nations Commission on International Trade Law (UNCITRAL) is an autonomous body of the United Nations that was established by the General Assembly in 1966. The main purpose of UNCITRAL is to promote the progressive harmonization and unification of international trade law. UNCITRAL is based in New York and is composed of representatives from 60 member states. The members of UNCITRAL are appointed by the UN General Assembly and serve a six-year term. The Commission meets annually and has also established working groups to consider and report on specific issues. UNCITRAL’s objectives are to create and maintain an international trade law that is uniform, certain and easily accessible. This involves formulating draft conventions, model laws, and other instruments to facilitate the resolution of disputes and the settling of transactions between businesses and countries. UNCITRAL also provides technical assistance to member states, including advice on how to draft and pass legislation in line with international standards. In South Carolina, UNCITRAL’s efforts to harmonize international trade law is reflected in the state’s legal framework. The South Carolina General Assembly has passed laws that are consistent with and promote the goals of UNCITRAL, such as the South Carolina Maritime Code and the South Carolina Contested Proceedings. These laws serve to provide legal protection to businesses and citizens of the state as they do business with entities from other states and countries.

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

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