United Nations Commission on International Trade Law

As of 3 July 2017, the United Nations Commission on International Trade Law will be composed of the following member States: The methods of work are organized at three levels.

Texts designed to simplify trade transactions and reduce associated costs are developed by working groups comprising all member States of UNCITRAL, which meet once or twice per year.

Non-member States and interested international and regional organizations are also invited and can actively contribute to the work since decisions are taken by consensus, not by vote.

The International Trade Law Division of the United Nations Office of Legal Affairs provides substantive secretariat services to UNCITRAL, such as conducting research and preparing studies and drafts.

[4] Working Group III: Reform of investor-state dispute settlement (ISDS) was constituted in 2017 and has been meeting since then twice or three times a year in Vienna and New York.

A legislative guide aims to provide a detailed analysis of the legal issues in a specific area of the law, proposing efficient approaches for their resolution in the national or local context.