United Nations Commission on International Trade Law (UNCITRAL)
The United Nations Commission on International Trade Law (UNCITRAL) is a permanent intergovernmental body established by the United Nations General Assembly in 1966 to promote the progressive harmonization and unification of international trade law.
UNCITRAL is the leading intergovernmental body in the field of international trade law. It has a mandate to develop and promote modern, efficient, and effective rules of international trade law that are acceptable to all countries, regardless of their economic or social systems.
UNCITRAL's work is based on the principle of consensus, and its members are drawn from all regions of the world. UNCITRAL's work is also based on the principle of neutrality, and its members are not allowed to represent the interests of their governments.
UNCITRAL has developed a wide range of international trade law instruments, including the UNCITRAL Model Law on International Commercial Arbitration, the UNCITRAL Model Law on Electronic Commerce, and the UNCITRAL Model Law on International Credit Transfers.
UNCITRAL's work has had a significant impact on the development of international trade law. UNCITRAL's instruments have been adopted by a large number of countries, and they have been used to resolve disputes in international commercial arbitrations and other international trade transactions.
UNCITRAL also provides technical assistance to developing countries in the field of international trade law. UNCITRAL's technical assistance activities include training programs, workshops, and seminars.
UNCITRAL is headquartered in Vienna, Austria.