United Nations Commission on International Trade Law

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United Nations Commission on International Trade Law

Also called UNCITRAL. An organization under the United Nations that was established to promote international trade by standardizing regulations to promote predictability in trade. Among other activities, UNCITRAL prepares model laws for member states to implement and coordinates with other bodies that work in the same field. It was established in 1966.
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A UNCITRAL, sigla em ingles pela qual e internacionalmente conhecida a Comissao das Nacoes Unidas para o Direito do Comercio Internacional, foi criada em 1966 pela Assembleia Geral das Nacoes Unidas (15) com o objetivo de promover a progressiva harmonizacao e unificacao do direito comercial internacional.
By adopting a large part of the UNCITRAL Model Law on International Commercial Arbitration, which has gained broad acceptance on the international stage, the new Qatari Arbitration Law should serve to increase efficiency and transparency.
Transparency in investor-state arbitration has recently entered a completely new phase, (122) with the adoption of the 2014 UNCITRAL Rules on Transparency (123) and the conclusion of the United Nations Convention on Transparency in Treaty-Based Investor-State Arbitration (known as Mauritius Convention).
Even though it is an UNCITRAL model law, the instrument has been seen as an initiative of the United States.
The applicable legislation at federal level is the Arbitration and Conciliation Act 1988, which incorporates the UNCITRAL Arbitration Rules.
3) LCIA UNCITRAL London Court of United Nations International Commission on Arbitration International Trade Law www.
It is the end product of over ten years of work in the electronic commerce area, which first gained widespread attention with the UNCITRAL Model Law on Electronic Commerce (Model Law) upon which the ECC was based.
The UNCITRAL Rules do not contain a general provision on the
91) UNCITRAL has also promulgated various model laws concerning both international commercial arbitration and international commercial mediation, thereby helping to ensure consistent national treatment of both procedures.
In 2012, the UNCITRAL arbitrators sided with Achmea BV and awarded the Dutch-based company 22 million in compensation.
The study was conducted in collaboration with the authorities in Kuwait, including the Kuwait Ministry of Commerce and Industry using the World Bank's Revised Principles and Guidelines for Effective Insolvency and Creditor Rights Systems of 2005 and the Recommendations of the UNCITRAL Legislative Guide on Insolvency Law which represent the international consensus on best practices and set forth a unified standard for ICR systems.
A modo de ejemplo, en UNCITRAL son invitados a las deliberaciones de los distintos grupos de trabajo representantes de otros Estados y delegados de organizaciones regionales e internacionales interesadas en el objeto de la discusion (194).