![]() ![]() These supporting tools and activities are designed to allow users to reach a common understanding of UNCITRAL texts and to promote consistent legal interpretations of their provisions. ![]() ![]() Finally, the UNCITRAL secretariat curates Library and Research resources. The UNCITRAL secretariat also operates a Repository of published information on treaty-based investor-State arbitrations, and prepares Digests of Case Law. The UNCITRAL secretariat is assisted in this task by the national correspondents who comprise the CLOUT network. non-legislative texts, such as the UNCITRAL Arbitration Rules, for adoption by commercial parties in their contracts.Īdditional supporting tools include, first, CLOUT, which stands for “Case Law on UNCITRAL Texts”, a system administered by the UNCITRAL secretariat for collecting and disseminating information on court decisions and arbitral awards relating to UNCITRAL texts.legislative texts such as model laws (for adoption by individual States), legislative guides and recommendations and.treaties (drafted by UNCITRAL and adopted by the United Nations General Assembly).The texts are also used by professional associations, chambers of commerce and arbitration institutions for developing rules and practices. While UNCITRAL texts are primarily addressed to States, other organizations, including international development agencies, such as the World Bank, use UNCITRAL texts as a benchmark in their law reform activities. The texts are designed to provide legal certainty for commercial parties, whether traders, transport companies, e-commerce operators, secured lenders and borrowers, or parties to insolvency proceedings, and for government agencies engaging with commercial parties (e.g., in public procurement or investor-State disputes). The texts, which provide tools to support the achievement of the Sustainable Development Goals, cover commercial transactions, such as the international sale and transport of goods, and aspects of related legal frameworks such as those dealing with international payments, electronic commerce, public procurement and infrastructure development, security interests, micro, small and medium-sized enterprises, insolvency of enterprises, and commercial dispute settlement through arbitration and mediation. UNCITRAL texts address legal obstacles to international trade and cross-border commercial transactions by establishing substantive private law rules governing cross-border commercial relations. ![]()
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