About United Nations Commission on International Trade Law:
- It is a subsidiary body of the UN General Assembly established in 1966.
- It is the core legal body of the U.N,'s system in the field of international trade law.
- Mandate: To further the progressive harmonization and unification of the law of international trade.
- Function: The organization is responsible for helping to facilitate international trade and investment.
- It is formulating modern, fair, and harmonized rules on commercial transactions.
- Member Countries: The Commission is composed of 70 member States elected by the General Assembly.
- There are five regional groups represented within the Commission: African States; Asian States; Eastern European States; Latin American and Caribbean States; Western European and Other States.
- Term of Members: The General Assembly elects members for terms of six years; every three years the terms of half of the members expire.
- India is a founding member of this organization.
- Headquarters: Vienna, Austria
