From 8 to 10 November 2023, the fourth session of the Working Group on Collaborative Legal Structures for Agricultural Enterprises (the “LSAE Project”) was held in hybrid format at the seat of UNIDROIT in Rome and online. The session was attended by 40 participants.
The LSAE Project is a high-priority project jointly undertaken with the Food and Agricultural Organization of the United Nations (FAO) and the International Fund for Agricultural Development (IFAD). The purpose of this UNIDROIT/FAO/IFAD Project is to develop guidance, primarily from a private law perspective, on “collaborative legal forms for agricultural enterprises” to enhance sustainable agricultural development in supply chains and contribute to the transformation of agri-food systems by: (i) increasing efficiency, (ii) improving access to market, resources and finance, (iii) exploring innovation opportunities offered by digitalisation, (iv) addressing power imbalances, and (v) contemplating remedies for unfair commercial practices. The Project is considering, in particular, three types of “collaborative legal forms”: (i) multiparty contracts, (ii) cooperatives, and (iii) companies.
During its fourth session, the Working Group further discussed general matters regarding the purpose and target audience of the future legal guide, and also considered the issues raised in three Draft Discussion Papers prepared by the members of the Subgroups on multiparty contracts, companies and cooperatives.
The next session of the LSAE Working Group is scheduled for 18 to 20 March 2024.
A summary report of the fourth session of the LSAE Working Group will be published in the coming weeks on UNIDROIT’s website. More information about the LSAE Project can be found on the project webpage.