UNIDROIT |
The international institute for the unification of private law.UNIDROIT is an independent intergovernmental organization which works on to modernize, harmonize and co-ordinate .The private international low and in particular commercial low between the states and group of states (trade law). It is based in Rome and has operated since 1926.
Membership of UNIDROIT is restricted to 60 states which tane signed up to the UNIDROIT statute. The basic objective of UNIDROIT is to prepare modern harmonized and uniform rules of private international law. Sometimes it move into public international law, especially where the laws are very complicated and interlined it has 3 tier structure.
The Secretariat
- Responsible for day to day running of UNIDROIT'S program.
2. The Gowrning Council
- Supervise unidroit's policy.
- Draws up working program.
- Supervise how the secretariat carry out the program.
3.The Guneral Assembly
- The ultimate decision making body.
- Approves the budget.
- Approves the work program.
- Sleets the governing council.
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