All the countries of the world are economically interdependent. Various types of trades are happening between these countries, and if there is trade, there will be some dispute between those countries. The United Nations General Assembly created this organization to improve the legal framework of international trade. Before this organization, these international trades were regulated by local laws. There are differences in those laws, and as a result, many disputes between the countries started, and the trade got poorly affected.
The core function of this organization is to modernize and harmonize the rules on international business. All the international laws and regulations that govern international trade were created by many discussions organized by the United Nations Commission on International Trade Law (UNCITRAL).
At the time of formation, there were 29 members in this organization that now exceeds 60 members. There are members from all parts of the world. The United Nations general Assembly elects members for only six years, therefore, no country can dominate over the organization. This organization also works with other organizations that were working on similar issues. The main aim is to facilitate international trade and help countries to get more and more revenue. UNCITRAL is the most important agency that helps countries to facilitate international trade easily. The rules and regulations created by this organization are binding on all the member nations.
UNCITRAL Organizational Framework
The work in this organization is divided into three levels: the commission, which are the working group, and the secretariat.
The UNCITRAL(commission) does all their work in the annual meeting. These annual meetings are held alternatively in New York and Vienna. In these meetings, a discussion related to all the drafts prepared by the working committee happens. The final drafts are taken into consideration by the commission. The commission also selects the topics for the working committee for the future. If any other similar organization is working in the same field, then its work is also discussed. The commission takes all the decisions on a consensus basis.
The working group does all the work related to preparing documents, collecting information, and laws. It generally organizes two or three sessions. In these sessions, they discuss the progress in the work and, if necessary, report their progress to the commission.
The staff for the secretariat of UNCITRAL is provided by the office of legal affairs of the United Nations. The secretariat office of the UNCITRAL was shifted from New York to Vienna in 1979. The prominent members of this secretariat were lawyers from different parts of the world. There are various roles that the secretariat members perform, such as preparing all the reports and the legal documents. In addition, the secretariat members can take help from the industry experts while doing the legal research.
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