United Nations A/RES/55/151 General Assembly Distr.: General 19 January 2001 Fifty-fifth session Agenda item 158 Resolution adopted by the General Assembly [on the report of the Sixth Committee (A/55/608)] 55/151. Report of the United Nations Commission on International Trade Law on the work of its thirty-third session The General Assembly, Recalling its resolution 2205 (XXI) of 17 December 1966, by which it created the United Nations Commission on International Trade Law with a mandate to further the progressive harmonization and unification of the law of international trade and in that respect to bear in mind the interests of all peoples, in particular those of developing countries, in the extensive development of international trade, Reaffirming its conviction that the progressive harmonization and unification of international trade law, in reducing or removing legal obstacles to the flow of international trade, especially those affecting the developing countries, would contribute significantly to universal economic cooperation among all States on a basis of equality, equity and common interest and to the elimination of discrimination in international trade and, thereby, to the well-being of all peoples, Emphasizing the need for higher priority to be given to the work of the Commission in view of the increasing value of the modernization of international trade law for global economic development and thus for the maintenance of friendly relations among States, Stressing the value of participation by States at all levels of economic development and from different legal systems in the process of harmonizing and unifying international trade law, Having considered the report of the Commission on the work of its thirty-third session, 1 Concerned that activities undertaken by other bodies of the United Nations system in the field of international trade law without coordination with the Commission might lead to undesirable duplication of efforts and would not be in keeping with the aim of promoting efficiency, consistency and coherence in the unification and harmonization of international trade law, as stated in its resolution 37/106 of 16 December 1982, 1 00 56845 Official Records of the General Assembly, Fifty-fifth Session, Supplement No. 17 (A/55/17).

Select target paragraph3