Imagine a world where goods in transit, regardless of their location, destination, and mode of transport, can be resold in just seconds, with a few clicks, realising their full value. A world where it is easier for importing businesses to access trade finance and for exporting businesses to get paid before their goods reach their destination, and where all stakeholders in global supply chains can work with the same set of reliable data. Thanks to the United Nations (UN) Convention on Negotiable Cargo Documents, this utopian vision is becoming a reality.

The UN Commission on International Trade Law (UNCITRAL) is the core legal body of the UN system in the field of international trade law. Its mandate is to remove legal obstacles to international trade by progressively modernising and harmonising trade law.