Finalizing the UN convention on negotiable cargo documents

At its upcoming 58th session, the United Nations Commission on International Trade Law (UNCITRAL) is expected to finalize a draft convention on negotiable cargo documents. The draft convention establishes negotiable cargo documents as new negotiable documents of title representing goods in transit across all modes of transport, which could be used to enhance flexibility in trade, bridge the trade finance gap and support the digital transformation of global trade. Once finalized, the draft convention will be submitted to the United Nations General Assembly for adoption in late 2025. Find more information about the development of this draft convention here: https://uncitral.un.org/en/working_gr... Find more information about the Negotiable Cargo Documents Conference: https://uncitral.un.org/en/ncdconfere...