UNCITRAL Model Law on E-Commerce: Bringing Uniformity and Harmony to E-Commerce in the Contemporary World
Lead author · Corresponding
Shivani Singh
LLM student at Christ University, India.
Abstract
The main purpose of UNCITRAL model law is to provide the national legislations a set of internationally accepted rules. This helps the nations create a more secure legal environment, most of the national laws are outdated and do not include laws related to ecommerce. Unsatisfactory legislation at national level creates obstacle for the nation while doing trade at international level, and may have an adverse effect on the economy. But proper laws help the nations to decrease legal obstacle and legal predictability. The main objectives of this model are to have modern ways of communication through electronic means and to have a national set of rules on how they can remove barriers and secure a legal environment for trade.