{"id":14952,"date":"2026-07-26T13:08:17","date_gmt":"2026-07-26T07:38:17","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=14952"},"modified":"2026-07-27T12:48:35","modified_gmt":"2026-07-27T07:18:35","slug":"un-commission-on-international-trade-law","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/un-commission-on-international-trade-law\/","title":{"rendered":"United Nations Commission on International Trade Law"},"content":{"rendered":"<h2><b>United Nations Commission on International Trade Law Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, India\u2019s External Affairs Minister addressed the inaugural session of the international conference of 60th anniversary commemoration of the United Nations Commission on International Trade Law (UNCITRAL).\u00a0<\/span><\/p>\n<h2><b>About United Nations Commission on International Trade Law<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a subsidiary body of the <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/united-nations-general-assembly-unga\/\" target=\"_blank\"><strong>UN General Assembly <\/strong><\/a><\/span><b>established in 1966.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is the core legal body of the U.N,&#8217;s system in the field of <\/span><b>international trade law.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mandate:<\/b><span style=\"font-weight: 400;\"> To further the progressive harmonization and unification of the law of international trade.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Function:<\/b><span style=\"font-weight: 400;\"> The organization is responsible for helping to facilitate international trade and investment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is formulating modern, fair, and harmonized rules on commercial transactions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Member Countries:<\/b><span style=\"font-weight: 400;\"> The Commission is <\/span><b>composed of 70 member States<\/b><span style=\"font-weight: 400;\"> elected by the General Assembly.<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There are <\/span><b>five regional groups represented within the Commission<\/b><span style=\"font-weight: 400;\">: African States; Asian States; Eastern European States; Latin American and Caribbean States; Western European and Other States.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Term of Members:<\/b><span style=\"font-weight: 400;\"> The <\/span><b>General Assembly elects members for terms of six years;<\/b><span style=\"font-weight: 400;\"> every three years the terms of half of the members expire.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>India is a founding member<\/b><span style=\"font-weight: 400;\"> of this organization.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Headquarter:<\/b><span style=\"font-weight: 400;\"> It is in <\/span><b>New York<\/b><span style=\"font-weight: 400;\"> with annual sessions held alternatively in Vienna.<\/span><\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/ddnews.gov.in\/en\/eam-jaishankar-calls-for-inclusive-global-trade-laws-as-india-hosts-uncitrals-60th-anniversary-conference\/\" target=\"_blank\" rel=\"nofollow noopener\">DD News<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United Nations Commission on International Trade Law is a subsidiary body of the UN General Assembly established in 1966. Read more about United Nations Commission on International Trade Law, News<\/p>\n","protected":false},"author":5,"featured_media":115428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[21,8979,22,23],"class_list":["post-14952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-prelims-pointers","tag-united-nations-commission-on-international-trade-law","tag-upsc-current-affairs","tag-upsc-prelims-current-affairs","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=14952"}],"version-history":[{"count":2,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14952\/revisions"}],"predecessor-version":[{"id":115307,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14952\/revisions\/115307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/115428"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=14952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=14952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=14952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}