Ans: Absolutely. The UNICITRAL was set up in 1966 and it has had a good effect globally especially with respect to laying down a model law for international trade, arbitration for instance and has been adopted in several countries all over the world. It has also played a lead role in the development of e-commerce especially when today transactions are taking place over the computer.
Ans: Well, I don’t think the present rules have created any obstacles. Today, we are in a world where computers are making such a difference while conducting transactions. UNICTRAL has played a key role in the field of arbitration. We have to look outward and engage with different communities and explain what we are doing and highlight the importance of trade.
Ans: International trade is a very integral agenda of the British government and in the light of Brexit, has become even more important than when it was part of the European Union. The British government has in fact set up a department to facilitate international trade.