Arab Today, arab today kuwait joins uncitral
Last Updated : GMT 10:39:59
Arab Today, arab today
Arab Today, arab today

Kuwait joins UNCITRAL

Arab Today, arab today

Arab Today, arab today Kuwait joins UNCITRAL

Kuwait - KUNA

Kuwait has obtained a full membership in the United Nations Commission on International Trade Law (UNCITRAL) which would be beneficial to support the Gulf Cooperation Council states' (GCC) legislative infrastructure, GCC-CAC chief noted Saturday. Secretary General of GCC Commercial Arbitration Center (GCC-CAC) Ahmad Najim told KUNA that by gaining a full membership at the UNCITRAL, Kuwait would be able to fully participate in this UN body's meetings and make a difference in the decision-making processes. Kuwait would also be able to acquire the necessary experiences in stipulating legislations in commerce and law; a much needed tool in forming legislations in the upcoming period where Kuwait would start implementing giant development projects in partnership with international companies. He added that Kuwait Chamber of Commerce and Industry is to hold a seminar, next month, on the future of GCC-CAC after Kuwait joining of the UNCITRAL. The seminar will discuss the local bodies' readiness in providing the right environment, through setting well-considered trade and law legislations, for local and international investments. UNCITRAL is established by the United Nations General Assembly by resolution 2205 of 17 December 1966. It plays an important role in developing legal framework for the facilitation of international trade and investment. It strives to harmonize and modernize the law of international trade by preparing and promoting the use and adoption of legislative and non-legislative instruments in a number of key areas of commercial law. Members of UNCITRAL are selected from among States Members of the United Nations and represent different legal traditions and levels of economic development. The original membership comprised 29 States. It was expanded by the United Nations General Assembly in 1973 to 36 States and again in 2002 to 60 States. Kuwait has been granted the membership last month and will continue to be a full participating member until year 2019. (end) mga.nfm KUNA 281804 Dec 13NNNN

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait joins uncitral Arab Today, arab today kuwait joins uncitral

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday