Public Meeting on Rotterdam Rules on International Transport Laws Announced
11/27/09 03:59 PM Filed in: Transporation
On
November 27, 2009, the Department of State issued
a public notice
in
the Federal Register announcing a public meeting
of the Study Group on International Transport
Law regarding domestic implementation of the
U.N. Convention on Contracts for the
International Carriage of Goods Wholly or Partly
by Sea ("the Rotterdam Rules").
The Rotterdam Rules, which are currently signed by 21 countries, define the rights of obligation of parties engaged in maritime transportation of goods. Considering that 80% of world trade is conducted by sea, the Rotterdam Rules are intended to facilitate international trade by making the underlying contracts and documentation more efficient.
The U.S. signed the Rotterdam Rules on September 23, 2009. The meeting will be held on December 9, 2009 in Washington, DC. Further details can be found in the Federal Register notice.
The Rotterdam Rules, which are currently signed by 21 countries, define the rights of obligation of parties engaged in maritime transportation of goods. Considering that 80% of world trade is conducted by sea, the Rotterdam Rules are intended to facilitate international trade by making the underlying contracts and documentation more efficient.
The U.S. signed the Rotterdam Rules on September 23, 2009. The meeting will be held on December 9, 2009 in Washington, DC. Further details can be found in the Federal Register notice.