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Working Groups undertake the substantive preparatory work on topics on UNCITRALs work programme. Membership of working groups currently includes all States members of UNCITRAL. A Working Group typically meets twice a year, holding a spring session in New York and a fall session in Vienna.
What is the purpose of the UNCITRAL?
The United Nations Commission on International Trade Law (UNCITRAL) (established in 1966) is a subsidiary body of the General Assembly of the United Nations with the general mandate to further the progressive harmonization and unification of the law of international trade.
How many countries are in the UNCITRAL?
The Commission is composed of seventy Member States elected by the General Assembly. Membership is structured so as to be representative of the worlds various geographic regions and its principal economic and legal systems.
What is an example of arbitration in international relations?
To take one example, the Red Sea Islands Arbitration between Eritrea and Yemen was aimed at settling competing claims to some uninhabited rocks in the Red Sea.
What are the three principles of UNCITRAL?
Principle of non-discrimination; 2. Principle of functional equivalence; 3. Principle of technological neutrality.
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What is the UNCITRAL Model Law on enterprise groups?
This Law applies to enterprise groups where insolvency proceedings have commenced for one or more of its members, and addresses the conduct and administration of those insolvency proceedings and cooperation between those insolvency proceedings.
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