Draft UN Convention on Negotiable Cargo Documents to modernize and digitize global trade finalized
VIENNA, 14 July 2025 (UN Information Service) – The United Nations Commission on International Trade Law (UNCITRAL) approved the draft convention on negotiable cargo documents, recommending it for adoption by the United Nations General Assembly.
The new draft convention addresses a legal gap in international trade by establishing a harmonized legal framework for negotiable documents of title across all modes of transport—air, road, rail, and sea—regardless of the different modes of transportation used for the cargo.
More information: https://unis.unvienna.org/unis/en/pressrels/2025/unisl378.html