05 Sep 2024
The United Nations Commission on International Trade Law (UNCITRAL) have drafted procedural rules upon which parties may agree for the conduct of arbitral proceedings.
The original UNCITRAL Arbitration Rules were adopted in 1976 and have been used for the settlement of a broad range of disputes, including disputes between private commercial parties where no arbitral institution is involved, investor-State disputes, State-to-State disputes and commercial disputes administered by arbitral institutions.
In 2010, the UNCITRAL Arbitration Rules were revised in order to meet changes in arbitral practice since their initial promulgation. The revised UNCITRAL Arbitration Rules have been effective since 15 August 2010.
