United Nations Commission on International Trade Law
"The core legal body of the United Nations system in the field of international trade law. A legal body with universal membership specializing in commercial law reform worldwide for over 40 years. UNCITRAL's business is the modernization and harmonization of rules on international business.
Trade means faster growth, higher living standards, and new opportunities through commerce. In order to increase these opportunities worldwide, UNCITRAL is formulating modern, fair, and harmonized rules on commercial transactions. These include:
- Conventions, model laws and rules which are acceptable worldwide
- Legal and legislative guides and recommendations of great practical value
- Updated information on case law and enactments of uniform commercial law
- Technical assistance in law reform projects
- Regional and national seminars on uniform commercial law"
--- From the United Nations Commission for International Trade Law
UNCITRAL is made up of sixty states elected from the General Assembly. Each region is given a pre-set number of seats on the commission.
- Africa (14)
- Asia (14)
- Latin American and Caribbean states (10)
- Eastern European (8)
- Western Europe and Others (10)
Membership terms last six years, and the elections are staggered every three years, ensuring that half of the commission changes every election cycle.