UNIDROIT AND COVID-19

In the context of the ongoing COVID-19 pandemic and the attendant economic crisis, a number of leading UNIDROIT instruments may be of interest to a wide array of actors currently facing serious challenges to address contractual disruptions and to rebuild the economy in the post COVID-19 scenario.

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On 8 April 2021, during the 9th session of the Rail Preparatory Commission for the establishment of an International Registry under the Luxembourg Rail Protocol, Advocate André Smit, State Law Adviser of the Office of the Chief State Law Adviser (International Law) of the South African Department of International Relations and Cooperation delivered a statement to those in attendance expressing South Africa’s strong support for the Protocol.

The Official Commentary on the Cape Town Convention on International Interests in Mobile Equipment and Protocol thereto on Matters Specific to Mining, Agricultural and Construction Equipment by Professor Sir Roy Goode, has been published. The pre-publication discount will be available for orders until 15 May 2021.

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As in 2017 for the G7 Culture, UNIDROIT has been invited this year to attend the G20 Culture Ministerial meetings. Professor Maria Chiara Malaguti, President of UNIDROIT, is participating in the panel discussion “’United Against Crime’, Intergovernmental, Judicial and Police Cooperation” of the G20 Culture online meeting which is taking place on 9 April 2021 to discuss “Private Law as the basis for effective action”.

Following the Rail Preparatory Commission session on 8^th April 2021, the Rail Working Group organised a panel entitled “Building Back Greener: The role of the Luxembourg Rail Protocol in the Post-Covid Economy”.

On 8 April 2021, OTIF and UNIDROIT held the 9^th session of the Rail Preparatory Commission for the establishment of an International Registry under the Luxembourg Rail Protocol. Though it was conducted remotely, the session was hosted by the OTIF Secretariat in Berne.

Private Law and Agricultural Development is an important branch of the Work Programme of the International Institute for the Unification of Private Law (UNIDROIT).

On 31 March, UNIDROIT and BHO Legal hosted an international panel discussion to examine the benefits of asset-based space financing in the post-COVID-19 economy.