United Nations Convention On International Settlement Agreements Wiki

15. The provisions of this article do not prejudge the provisions of international agreements limiting the control that one of the contracting parties may have over drugs in transit. The official mandate of THE CNUDCI, created by UNGA in 1966, is to promote “the gradual harmonization and unification of international trade law” through conventions, model laws and other instruments that cover key areas of trade, from dispute resolution to the supply and sale of goods. [2] (c) cooperate closely with the relevant international organizations of which they are members in order to maintain a coordinated campaign against illicit trafficking; “territory under the jurisdiction of a contracting party,” any country, marine territory or airspace in which a party assumes, in accordance with international law, administrative and regulatory responsibilities for the protection of human health or the environment; Article 1 provides that the agreement was entered into in writing by the parties in order to resolve a trade dispute. Article 1 also lists exceptions to the scope of the convention, i.e. transaction agreements made by a consumer for personal, family or budgetary or family, estate or labour law purposes. A transaction agreement, which can be executed as an arbitral judgment or award, is also excluded from the scope of the Convention in order to avoid possible overlaps with existing and future conventions, namely the New York Convention on the Recognition and Enforcement of Foreign Arbitration Awards (1958), the Convention on the Choice of Judicial Conventions (2005) and the Convention on the Recognition and Enforcement of Foreign Judgments in Civil and Commercial Matters (2019). Article 2, paragraph 3, contains a broad definition of mediation as an attempt by the parties to “achieve, with the assistance of a third party or a third party (the “Mediator”), an amicable settlement of their dispute, which does not have the power to impose a solution on the parties.” As long as the regime is covered by this definition, the Singapore Agreement applies regardless of whether or not the resolution process is called “mediation.” Similarly, mediation does not need to be managed by a mediation body or an accredited mediator. This provision is deliberately broad and aims to enhance the attractiveness of the Singapore agreement by avoiding being excessively prescriptive and retaining the flexibility that is one of the attractive features of mediation.4 A number of options are provided to certify that the transaction agreement is the result of mediation, including a signature by the mediator or a declaration of the institution. , because flexibility is needed. If, as part of its measures to combat illicit drug trafficking, a contracting party considers it desirable to do so, taking due account of its constitutional, legal and administrative systems and, if it wishes, taking into account its constitutional, legal and administrative systems, it encourages, in consultation with other interested parties in the region, the establishment of agreements that envisage the development of regional centres of scientific research and education to combat related problems. illicit trafficking.

Drug trafficking. In an increasingly interdependent world, the importance of an improved legal framework to facilitate international trade and international investment is widely recognized. The United Nations Commission on International Trade Law (UNCLOS), established by the UN General Assembly by Resolution 2205 (XXI) of 17 December 1966 (see Appendix I), plays an important role in the development of this framework, as part of its mandate to promote the gradual harmonization and modernization of international trade law by preparing and encouraging the adoption of legislative and non-legislative instruments in a number of areas of trade law.

share post: