United Nations

A/RES/50/47


General Assembly

Distr. GENERAL  
50th session
26 January 1996


Fiftieth session
Agenda item 143


                  RESOLUTION ADOPTED BY THE GENERAL ASSEMBLY

         [on the report of the Sixth Committee (A/50/640 and Corr.1)]


            50/47.   Report of the United Nations Commission
                     on International Trade Law on the work
                     of its twenty-eighth session


      The General Assembly,

      Recalling its resolution 2205 (XXI) of 17 December 1966, by which
it created the United Nations Commission on International Trade Law
with a mandate to further the progressive harmonization and
unification of the law of international trade and in that respect to
bear in mind the interests of all peoples, in particular those of
developing countries, in the extensive development of international
trade,

      Reaffirming its conviction that the progressive harmonization and
unification of international trade law, in reducing or removing legal
obstacles to the flow of international trade, especially those
affecting the developing countries, would significantly contribute to
universal economic cooperation among all States on a basis of
equality, equity and common interest and to the elimination of
discrimination in international trade and thereby to the well-being of
all peoples,

      Stressing the value of participation by States at all levels of
economic development and with different legal systems in the process
of harmonizing and unifying international trade law,

      Having considered the report of the United Nations Commission on
International Trade Law on the work of its twenty-eighth session, 1/
      Mindful of the valuable contribution to be rendered by the
Commission within the framework of the United Nations Decade of
International Law, particularly as regards the dissemination of
international trade law,

      Concerned about the relatively low incidence of expert
representation from developing countries at sessions of the Commission
and particularly of its working groups during recent years, owing in
part to inadequate resources to finance the travel of such experts,

      Having considered the report of the Secretary-General,  2/

      Concerned about the fact that the need for and interest in the
training and assistance programme of the Commission can only partially
be met, in view of the limited human and financial resources
available, and that the work of the Secretariat in the context of the
Case-Law on the United Nations Commission on International Trade Law
Texts would substantially increase as the number of the court
decisions and arbitral awards covered thereby grows,

      1.    Takes note with appreciation of the report of the United
Nations Commission on International Trade Law on the work of its
twenty-eighth session;

      2.    Takes note with satisfaction of the completion and adoption
by the Commission of the draft Convention on Independent Guarantees
and Stand-by Letters of Credit;  3/

      3.    Commends the Commission for the progress made at its twenty-
eighth session in the preparation of a draft Model Law on Legal
Aspects of Electronic Data Interchange and Related Means of
Communication, as well as in the preparation of draft Notes on
Organizing Arbitral Proceedings, and in this connection welcomes the
decision of the Commission to continue its consideration of the draft
Model Law and the draft Notes with a view to completing its work
during its twenty-ninth session;

      4.    Welcomes the decision of the Commission to commence work on
the subjects of receivables financing and cross-border insolvency, and
to consider the feasibility and desirability of undertaking work on
negotiability and transferability of electronic data interchange
transport documents, based on a background study to be prepared by the
Secretariat and on the discussion of the topic by the Working Group on
Electronic Data Interchange at its thirtieth session;

      5.    Reaffirms the mandate of the Commission, as the core legal
body within the United Nations system in the field of international
trade law, to coordinate legal activities in this field in order to
avoid duplication of effort and to promote efficiency, consistency and
coherence in the unification and harmonization of international trade
law, and in this connection recommends that the Commission, through
its secretariat, continue to maintain close cooperation with the other
international organs and organizations, including regional
organizations, active in the field of international trade law;

      6.    Also reaffirms the importance, in particular for developing
countries, of the work of the Commission concerned with training and
technical assistance in the field of international trade law, such as
assistance in the preparation of national legislation based on legal
texts of the Commission;

      7.    Expresses the desirability for increased efforts by the
Commission in sponsoring seminars and symposia to provide such
training and technical assistance, and in this connection:

      (a)   Expresses its appreciation to the Commission for organizing
seminars and briefing missions in Armenia, Azerbaijan, Botswana,
China, Colombia, the Czech Republic, Georgia, Kenya, Namibia, Panama,
Uzbekistan and Zimbabwe;

      (b)   Expresses its appreciation to the Governments whose
contributions made it possible for the seminars and briefing missions
to take place, and appeals to Governments, the relevant United Nations
organs, organizations and institutions and individuals to make
voluntary contributions to the United Nations Commission on
International Trade Law Trust Fund for Symposia and, where
appropriate, to the financing of special projects, and otherwise to
assist the secretariat of the Commission in financing and organizing
seminars and symposia, in particular in developing countries, and in
the award of fellowships to candidates from developing countries to
enable them to participate in such seminars and symposia;

      (c)   Appeals to the United Nations Development Programme and
other bodies responsible for development assistance, such as the
International Bank for Reconstruction and Development and the European
Bank for Reconstruction and Development, as well as to Governments in
their bilateral aid programmes, to support the training and technical
assistance programme of the Commission and to cooperate and coordinate
their activities with those of the Commission;

      8.    Appeals to Governments, the relevant United Nations organs,
organizations and institutions and individuals, in order to ensure
full participation by all Member States in the sessions of the
Commission and its working groups, to make voluntary contributions to
the Trust Fund for travel assistance to developing countries that are
members of the Commission, at their request and in consultation with
the Secretary-General;

      9.    Decides, in order to ensure full participation by all Member
States in the sessions of the Commission and its working groups, to
continue its consideration in the competent Main Committee during the
fiftieth session of the General Assembly of granting travel
assistance, within existing resources, to the least developed
countries that are members of the Commission, at their request and in
consultation with the Secretary-General;

      10.   Requests the Secretary-General to ensure that adequate
resources are allocated for the effective implementation of the
programmes of the Commission;

      11.   Stresses the importance of bringing into effect the
conventions emanating from the work of the Commission for the global
unification and harmonization of international trade law, and to this
end urges States that have not yet done so to consider signing,
ratifying or acceding to those conventions;

      12.   Also requests the Secretary-General to submit a report on
the implementation of paragraph 9 above to the General Assembly at its
fifty-first session.

                                                          87th plenary meeting
                                                              11 December 1995



                                     Notes

1/   Official Records of the General Assembly, Fiftieth Session,
Supplement No. 17 (A/50/17).

2/   A/50/434.

3/   Official Records of the General Assembly, Fiftieth Session,
Supplement No. 17 (A/50/17), annex I.

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