United Nations Commission on International Trade Law
The United Nations Commission on International Trade Law (UNCITRAL) is a body established by the United Nations in 1966 to promote the progressive harmonization and unification of international trade law. Its primary goal is to create a legal framework that facilitates international trade and investment, making it easier for countries to engage in cross-border commerce.
UNCITRAL develops legal texts, guidelines, and model laws that member states can adopt to improve their trade laws. Key areas of focus include arbitration, contract law, and electronic commerce. By providing these resources, UNCITRAL aims to enhance legal certainty and predictability in international transactions.