At its upcoming fifty-eighth session, the United Nations Commission on International Trade Law (UNCITRAL) is expected to finalize a draft convention on negotiable cargo documents. The draft convention establishes negotiable cargo documents as new negotiable documents of title representing goods in transit across all modes of transport, which could be used to enhance flexibility in trade, bridge the trade finance gap and support the digital transformation of global trade. Once finalized, the draft convention will be submitted to the United Nations General Assembly for adoption in late 2025. To raise awareness of the draft convention, the UNCITRAL secretariat is organizing a conference entitled “Shaping the Future: The Impact of Negotiable Cargo Documents on Trade Finance, Regional Connectivity and Digital Evolution”, in partnership with the International Trade Centre (ITC), the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT), and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
Sessions and Events
- 7–23 July 2025, Vienna
- 29 September-3 October 2025, Vienna (tentative)
- 13-17 October 2025, Vienna (tentative)
- 22-26 September 2025, Vienna (tentative)
- 18–22 November 2024, Vienna
- 24-28 March 2025, New York
- 20-24 October 2025, Vienna (tentative)
- 16-20 December 2024, Vienna
- 12-16 May 2025, New York
- 10-14 November 2025, Vienna (tentative)
- 15-19 December 2025, Vienna (tentative)
Events
On 14 March 2025, UNCITRAL RCAP and the Department of Justice of the Government of Hong Kong SAR, China will co-organize the Conference on Climate Change and International Trade Law. This one- day conference will consist of panel discussions covering the key takeaways of recent UNCITRAL colloquiums, sustainable supply chains (including PPs, PPPs and the CISG), insolvency and dispute prevention and settlement. Please click here to register for in-person or virtual participation. More details are available here.
At its fifty-seventh session, in 2024, the Commission noted the emergence of new types of assets that could be used as collateral in international finance (including digital assets, data, verified carbon credits and crop receipts) as well as the development of new international financing practices. The Commission also noted legislative efforts by international and regional organizations to address transactions involving such assets as well as the evolving legislative approaches of States to legally characterize those new types of assets. It thus requested the UNCITRAL secretariat to organize a colloquium to clarify and refine various aspects of possible future work in the area. Read more here.
À sa cinquante-septième session, en 2024, la CNUDCI a prié le secrétariat d’organiser un colloque sur la pertinence des instruments de la CNUDCI pour l’action climatique, notamment la Convention des Nations Unies sur les contrats de vente internationale de marchandises (CVIM), la Loi type sur la passation des marchés publics, les Dispositions législatives types sur les partenariats public-privé et les instruments sur le règlement des différends. Le colloque devrait aider la CNUDCI à déterminer s’il est souhaitable que secrétariat établisse des documents d’orientation sur l’application et l’interprétation dans la pratique des instruments existants et d’éventuels textes complémentaires pour traiter les questions relatives à l’action climatique. Pour donner suite à cette demande, le secrétariat de la CNUDCI organise le Colloque de la CNUDCI sur le droit du commerce international à l’appui d’un avenir plus vert les 23 et 24 octobre 2024 au Centre international de Vienne (Vienne, Autriche).
New Articles
Barbados has signed and ratified the United Nations Convention on the International Effects of Judicial Sales of Ships (the "Beijing Convention on the Judicial Sale of Ships"). Read the full press release here.
Brazil has signed the United Nations Convention on the International Effects of Judicial Sales of Ships (the "Beijing Convention on the Judicial Sale of Ships"). Read the full press release here.
The monthly compilation for March PDF of the bibliography of recent writings related to the work of UNCITRAL is now available.
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