Model Clauses for Use of UNIDROIT Principles of International Commercial Contracts adopted by the Governing Council
At its 92nd session (8 - 10 May 2013) the UNIDROIT Governing Council adopted the Model Clauses for Use of UNIDROIT Principles of International Commercial Contracts prepared by a restricted Working Group. >>>> Further information
UNIDROIT Principles on the Operation of Close-out Netting Provisions adopted by the Governing Council
At its 92nd session (8 - 10 May 2013) the UNIDROIT Governing Council adopted the Principles on the Operation of Close-out Netting Provisions prepared by an UNIDROIT Committee of Governmental Experts and submitted to the Council. >>>> Further information
Official Commentary on the Convention on International Interests in Mobile Equipment and Protocol thereto on Matters specific to Space Assets
The Official Commentary on the Convention on International Interests in Mobile Equipment and Protocol thereto on Matters specific to Space Assets, prepared by Professor Sir Roy Goode pursuant to a Resolution by the Berlin Diplomatic Conference which adopted the Space Protocol (2012), has been published. An indispensable guide to the Cape Town Convention and Space Protocol for all those that operate in the Space Industry, the volume can be bought from UNIDROIT. >>>> Further information
The Secretary-General visits Vietnam
On 18 April 2013, the Secretary-General of UNIDROIT, Mr José Angelo Estrella Faria, visited the Ministry of Justice of Vietnam, where he met the Deputy Minister, Mr Hoang The Lien, to discuss Vietnam’s development in the process of international integration and law reform, including on private international law and commercial law matters, the potential interest of various UNIDROIT instruments for Vietnam, and the prospects for deeper cooperation between UNIDROIT and Vietnam. Earlier that day, the Secretary-General had meet officials of the Ministry of Transport to examine questions related to the 2001 Convention on International Interests in Mobile Equipment (Cape Town Convention) and its Protocol on Matters specific to Aircraft Equipment, as well as officials of the Ministry of Culture, Sports and Tourism, who showed interest for the 1995 UNIDROIT Convention on Stolen or Illegally Exported Cultural Objects.
The Secretary-General visits Japan
On 16 April 2013, the Secretary-General of UNIDROIT, Mr José Angelo Estrella Faria, visited the Ministry of Justice of Japan, where he was received by the Assistant Vice-Minister and Deputy Director-General for the Civil Affairs Bureau, Mr Osamu Hagimoto, the Director of the Legislative Divion, Mr Osamu Kaneko, Counsellor Yasuhiko Kbayashi and Attorney Ichiro Kono, with whom he discussed various matters related to the co-operation between Japan, stressing the value of Japan’s contribution and the importance of its participation in the work of UNIDROIT. The Secretary-General then paid a visit to Justice Itsuro Terada at the Japanese Supreme Court, who is also a member of the UNIDROIT Governing Council. Accompanied by Professor Hideki Kanda, from the University of Tokyo, the Secretary-General proceeded to the Bank of Japan, where he presented the work of UNIDROIT in the area of close out netting of financial instruments to a team of officials lead by Mr Masao Okawa, Associate Director-General and Head of Legal Division and Ms Mikari Kashima, Director and Head of the Legal Studies Group at the Institute for Monetary and Economic Studies of the Bank of Japan.
Cape Town Convention and Aircraft Protocol – Republic of Madagascar - Accession
On 10 April 2013, the Government of the Republic of Madagascar deposited with UNIDROIT its instruments of accession to the Convention on International Interests in Mobile Equipment and to the Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Aircraft Equipment. On that occasion, the Secretary General of UNIDROIT, Mr José Angelo Estrella Faria, welcomed a delegation from the Republic of Madagascar composed of Mrs Josiane Ratsimbazafy, Chargé d'Affaires a.i of the Embassy of the Republic of Madagascar in Italy and Mr Monja, Counsellor, Deputy Permanent Representative of the Republic of Madagascar in the Rome-based UN agencies. The Republic of Madagascar made declarations under Articles 39(1)(a)-(b), 40, 53 and 54(2) of the Convention and of Article XXX(1), XXX(2) and XXX(3) of the Aircraft Protocol. The Convention and the Aircraft Protocol will enter into force for the Republic of Madagascar on 1st August 2013. Further details about the Convention are available at the Depositary Functions of UNIDROIT page.
Cape Town Convention Academic Project
Oxford University and the University of Washington have commenced a joint Cape Town Convention Academic Project, to facilitate the academic study and assessment of the Cape Town Convention with a view towards enhancing the understanding and effective implementation of the treaty and advancing its aims. The Aviation Working Group is the founding sponsor for the project. The activities proposed for the project include electronic access to a digitalised and searchable database of comprehensive documents and materials, a journal, conferences, teaching materials, and law and economic assessment, as they relate to the Cape Town Convention (including all protocols). Two elements (the database, and the journal) are being undertaken under the joint auspices of Unidroit and the Project. >>> further information