United Nations International Trade Law Commission Arbitration Rules
The United Nations International Trade Law Commission, also known as UNITLIC, is a subsidiary body of the United Nations General Assembly dedicated to the advancement of international trade law. Its primary objective is to encourage, coordinate and contribute to the adoption of unified international rules on trade. As part of this mission, it has developed the UNITLIC online arbitration system to provide an efficient and reliable forum for settling commercial disputes between parties from different countries.
The UNITLIC arbitration rules are intended to be flexible and able to accommodate different cultural and legal systems. The rules provide for voluntary arbitration, which allows for parties to submit their dispute to an independent arbitrator for a binding decision. The arbitration is conducted in accordance with the specific set of rules developed by the UNITLIC, with the aim of obtaining a just and equitable resolution.
The UNITLIC arbitration rules provide for a determination of the costs incurred by each of the parties in terms of time and other resources. The arbitrator or tribunal will have the authority to make awards to cover these costs. The rules also provide for specified time limits to be adhered to in the filing of memoranda and other documents. Furthermore, the rules require that documents be filed in accordance with the time limits stipulated in the arbitration agreement or, if none is stipulated, in the time limits provided in the rules.
The UNITLIC arbitration rules also provide for a set of procedural safeguards to be observed. These safeguards serve to ensure the fairness of the proceeding and to facilitate a fair and expeditious resolution. For example, the rules provide for the appoint¬ment of an arbitrator without any party unilaterally imposing the appointment of an arbitrator. In addition, the rules provide for provision of interpreters in cases where parties do not understand one another’s language. Furthermore, the rules require that the parties be given ample opportunity to present their case and to refute allegations by the other side. In addition, the rules require that any decision by the arbitrator or tribunal be communicated to the parties before it is finalized.
The UNITLIC arbitration rules also provide for post-award procedures. These procedures are intended to enforce the resolution received by the tribunal in the event that a party fails to comply with its terms. The rules provide for both interim relief measures and contempt proceedings in order to ensure that awards rendered by the tribunal are respected and enforced.
The UNITLIC arbitration rules are designed to facilitate a fair and expeditious resolution of international trade disputes. The rules seek to ensure that the rights of parties are respected, that evidence is properly considered and that awards are enforced. The rules serve as a valuable tool for resolving international trade disputes in an equitable and efficient manner.
