UNCITRAL (United Nations Commission on International Trade Law). 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
The Commission has established six working groups to perform the substantive preparatory work on topics within the Commission’s programme of work. Each of the working groups is composed of all member States of the Commission.
- Working Group I – Micro, Small and Medium-sized Enterprises
- Working Group II – Arbitration and Conciliation
- Working Group III – Online Dispute Resolution
- Working Group IV – Electronic Commerce
- Working Group V – Insolvency Law
- Working Group VI – Security Interests
The Foundation, along with its Scientific Council, is creating an organized presence—particularly that of professionals—in three working groups :
– In the area of company law; two experts have been commissioned by the Foundation : Mr Mario Celaya, lawyer and Mr Daniel Cohen, professor.
– In the area of insolvency law; two experts have been commissioned by the Foundation, Mr Reinhard Dammann, lawyer and Mr Marc Senechal, judicial representative.
– In the area of public-private partnership; UNCITRAL identified the need to introduce the writing of a legislative model. In order to prepare this work, a first meeting took place in 2014 march in Vienna. Mr José-Luis Benavidès, Colombian professor, attended the meeting.