A/RES/58/75 Taking note of the proposals made by the Secretary-General in the proposed programme budget for the biennium 2004–2005 with a view to strengthening the secretariat of the Commission within the bounds of the resources available in the Organization so as to enable it to deal with the increased workload arising, inter alia, from the coordination of work with other organizations and growing demands for legislative technical assistance, 2 1. Takes note with appreciation of the report of the United Nations Commission on International Trade Law on its thirty-sixth session;1 2. Takes note with satisfaction of the completion and adoption by the Commission of the Model Legislative Provisions on Privately Financed Infrastructure Projects; 3 3. Commends the Commission for its approval in principle to the draft legislative guide on insolvency law, 4 elaborated in close cooperation with other international organizations, including the World Bank, the International Monetary Fund, the Asian Development Bank, the International Bar Association and the International Federation of Insolvency Professionals, and requests that the draft legislative guide be made available for comment to Member States, relevant intergovernmental and non-governmental organizations, as well as private sector and regional organizations and individual experts; Also commends the Commission for the progress made in the work on the 4. draft legislative guide on secured transactions, on model legislative provisions on interim measures in international commercial arbitration and on issues of electronic contracting and transport law; Requests the Commission and its secretariat, relying on its role as the 5. core legal body within the United Nations system in the field of international trade law, to take the lead in assuring cooperation and coordination with the World Bank, the International Monetary Fund, regional economic commissions and other international organizations in the work on international legal texts and propose appropriate and widely accepted international standards with due respect to the distinct objectives of the Commission and the international financial institutions; Reaffirms the importance, in particular for developing countries, of the 6. work of the Commission concerned with training and legislative technical assistance in the field of international trade law, and in this connection: (a) Expresses its appreciation to the Commission for organizing seminars and briefing missions in Bangladesh, Botswana, Burkina Faso, Cuba, Kazakhstan, Mongolia, New Zealand, Peru, the Republic of Korea, the Russian Federation, Serbia and Montenegro, Thailand and Viet Nam; (b) Expresses its appreciation to the Governments whose contributions enabled the seminars and briefing missions to take place, and appeals to Governments, the relevant bodies of the United Nations system, organizations, institutions and individuals to make voluntary contributions to the United Nations Commission on International Trade Law Trust Fund for Symposia and, where appropriate, to the financing of special projects, and otherwise to assist the _______________ 2 A/58/6 (Sect. 8), paras. 8.13 and 8.48. Official Records of the General Assembly, Fifty-eighth Session, Supplement No. 17 (A/58/17), annex I. 4 Ibid., Supplement No. 17 (A/58/17), para. 197; see also A/CN.9/534. 3 2

Select target paragraph3

Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents