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Armenia Elected Member Of UNCITRAL

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  • Armenia Elected Member Of UNCITRAL

    ARMENIA ELECTED MEMBER OF UNCITRAL

    armradio.am
    23.05.2007 16:35

    On May 22 in New York Armenia was elected members of the United
    Nations Commission on International Trade Law (UNCITRAL) for the term
    of six years.

    The United Nations Commission on International Trade Law (UNCITRAL)
    was established by the General Assembly in 1966. In establishing
    the Commission, the General Assembly recognized that disparities
    in national laws governing international trade created obstacles to
    the flow of trade, and it regarded the Commission as the vehicle by
    which the United Nations could play a more active role in reducing
    or removing these obstacles.

    The General Assembly gave the Commission the general mandate to
    further the progressive harmonization and unification of the law of
    international trade.

    The Commission has since come to be the core legal body of the United
    Nations system in the field of international trade law.

    The Commission is composed of sixty member States elected by the
    General Assembly. Membership is structured so as to be representative
    of the world's various geographic regions and its principal economic
    and legal systems.

    Members of the Commission are elected for terms of six years, the
    terms of half the members expiring every three years.
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