We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What Is UNCITRAL?

By Renee Booker
Updated May 17, 2024
Our promise to you
WiseGEEK is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGEEK, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

The United Nations is an international organization that was founded in 1945 after World War II with the goal or promoting world peace and helping to facilitate the implementation of international law and economic and social development. The United Nations has a number of committees and commissions within the organization that work on specialized issues, such as the United Nations Commission on International Trade Law, or UNCITRAL. Formed in 1996, the purpose of UNCITRAL is to "promote the progressive harmonization and unification of international trade law."

With the rapid advancement in technology that followed the World War II, international trade began to increase and the need for an international body to help both promote and regulate it became apparent. As of 2002, UNCITRAL membership included representatives of 60 nations. Because nations around the world have varying levels of advancement as well as diverse legal systems and traditions, membership is intended to be a representative collection of nations. Representatives are elected to a six-year term, with terms staggered so that approximately half the memberships expire every three years.

The members of UNCITRAL devote much of their time to conducting research into international trade relations and analyzing the research to look for ways to simplify and unify international trade. The committees within create drafts that are submitted to the entire membership at its annual meetings for adoption. If the entire membership of UNCITRAL adopts a text at one of its annual conventions, then the member states must ratify the agreement. If a state signs the agreement, or ratifies the agreement, then the terms are binding on the nation. Examples of agreements that have been ratified by UNCITRAL include The United Nations Convention on Contracts for the International Sale of Goods, and The United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea.

The members of UNCITRAL also draft model laws that are intended to be incorporated into national laws of the member nations. These laws are not laws in and of themselves, as there is no legal system to enforce the laws. The idea is to give member nations a model text to use that they may then make a part of their own legal system. The UNCITRAL Model Law on Electronic Signatures, Model Law on International Credit Transfers, and the Model Law on International Commercial Arbitration are examples of model laws created by the members of UNCITRAL.

WiseGEEK is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.

Discussion Comments

WiseGEEK, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGEEK, in your inbox

Our latest articles, guides, and more, delivered daily.