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.
References in periodicals archive ?
This yearbook, published by the United Nations Commission on International Trade Law (UNCITRAL), contains its report on work done in a session held in New York in June of 2002 and action by the UN Conference on Trade and Development and the General Assembly.
In July 1996, the United Nations Commission on International Trade Law adopted a "Model Law on Electronic Commerce.
The Jakarta proceedings violate both the spirit and the letter of Pertamina's contractual agreements with KBC, as well as the Arbitral Rules of the United Nations Commission on International Trade Law (UNICTRAL Rules), the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which Indonesia signed in 1981, and a U.
The contempt finding stems from a December 2000 award to Karaha Bodas Company by arbitrators in Switzerland working under United Nations Commission on International Trade Law rules.
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