The International Institute for the Unification of Private Law (UNIDROIT)

The International Institute for the Unification of Private Law (UNIDROIT) is an organization established in 1926 that develops global standards and legal frameworks to harmonize private law across different countries. Its goal is to make international trade, finance, and property transactions smoother and more predictable by creating uniform laws and rules. UNIDROIT's work includes drafting model laws, conventions, and guidelines that countries can adopt or adapt, promoting cooperation and legal consistency in areas such as commercial contracts, secured transactions, and cultural property. It functions as a bridge to facilitate international legal cooperation and clarity.