Committee on International Trade Law

The Committee on International Trade Law (UNCITRAL) is a part of the United Nations, created to promote fair and efficient international trade. It develops legal frameworks and guidelines to assist countries in harmonizing and improving their trade laws. This helps facilitate cross-border commerce, reduces trade barriers, and provides a reliable system for resolving disputes. Essentially, UNCITRAL aims to create a predictable and stable legal environment that encourages global trade, making it easier for businesses to operate internationally. Its work supports economic development and cooperation among nations.