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Ghana Elected Vice Chair of United Nation Commission on International Trade Law
Posted On 16 Jul 2020
By Richard Adorsu-
Photo Credit: United Nation
NEW AFRICA BUSINESS NEWS (NABN) Accra- Ghana has been elected as the Vice Chairman of the United Nations Commission on International Trade Law (UNCITRAL) for 2020- 2021 during the 53rd Session held in New York, USA.
UNCITRAL is the core legal body of the United Nations system in the field of International Trade Law.
A legal body with universal membership specializing in commercial law reform worldwide for over 50 years, UNCITRAL’s business is the modernization and harmonization of rules on international business.
The Commission is active in negotiating and producing texts including conventions, model laws and legislative guides in a range of subject areas.
There are currently six Intergovernmental Working Groups within UNCITRAL negotiating texts in the following areas: Micro, Small and Medium-sized Enterprises; Arbitration and Conciliation; Investor-State Dispute Settlement Reform; Electronic Commerce; Insolvency Law; and Judicial Sales.
UNCITRAL seeks to create a harmonized and efficient system of international trade law, framework for the safe and stable development in trade and investment.
Mr. Alan Kyerematen, the Minister for Trade and Industry explained that Government has been working with colleague member states within the Trade and Investment ecosystem across the world to promote international trade, particularly intra African trade.
He said Ghana would therefore use its one-year mandate to boost productive capacity and promote intra African trade and investments as countries seek to implement Post COVID economic recovery programmes and interventions.
Professor Paul Kuruk, an International Trade Law Expert and the Deputy Chairman of the Ghana International Trade Commission (GITC), would represent Ghana as the Vice Chair of UNCITRAL.
For New Africa Business News Richard Adorsu Reports, Africa Correspondent
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Mr Adorsu thank you for reporting. Am sure Professor Paul Kuruk will do well representing us all. Kumasi Ghana. Kwaku
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Ghana will represent Africa well in the United Nations Commission on International Trade Law. Very good. Irene in Kampala Uganda
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New Africa news thank you for reporting. Love the reports. Jackline! Nairobi Kenya
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Our congratulation goes to Ghana. Great country. Elizabeth in Dar es Salaam Tanzania
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Congrat Ghana am sure you will represent the Continent. Thank you for reporting. Abdel in Cairo Egypt
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Thank you for signing me to your newsletter. Love news Africa News. Love it. Chibuike! Hamburg Germany!
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