The first version of the UNCITRAL Arbitration Rules was endorsed by
the General Assembly of the United Nations in December 1976. Now
considered one of UNCITRAL's greatest successes, the rules have had
an extraordinary impact on international arbitration as both
instruments in their own right and as guides for others. The
Iran-US Claims Tribunal, for example, employs a barely modified
version of the rules for all claims, and many multilateral and
bilateral foreign investment treaties adopt the UNCITRAL Rules as
an arbitral procedure. The Rules are so pervasive and the
consequences of the new version potentially so significant that
they cannot be ignored. This commentary on the Rules brings the
official documents together in one volume and includes the insights
and experiences of the Working Group that are not included in the
official reports.
General
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