TitleReport of the United Nations Commission on International Trade Law : resolution / adopted by the General Assembly.
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Notes the progress made by the Commission at its 19th session in the preparation of a draft Convention on International Bills of Exchange and International Promissory Notes, and, in this connection: (a) takes note of the need to minimize the financial costs of adopting the Convention without sacrificing its quality or international acceptability; (b) requests the Commission to complete its work on the draft Convention during its 20th session; (c) decides to consider the draft Convention during its 42nd session, with a view to its adoption or other appropriate action; calls upon the Commission to continue to take account of the relevant provisions of the resolutions concerning the new international economic order, as adopted by the General Assembly at its 6th and 7th special sessions; reaffirms the importance, in particular for developing countries, of the work carried out by the Working Group on the New International Economic Order on a legal guide on the drawing up of international contracts for construction of industrial works, and notes with satisfaction the progress made in the preparation of the legal guide; notes with particular satisfaction the completion by the Commission of the Legal Guide on Electronic Funds Transfers and welcomes its decisions to authorize the Secretary-General to publish the Legal Guide as a product of the work of the Secretariat, in all official languages of the UN, and to undertake work on the formulation of model legal rules on electronic funds transfers.
Adopted at the 95th plenary meeting, 3 Dec. 1986. In: Resolutions and decisions adopted by the General Assembly during its 41st session, 16 September-19 December 1986. - A/41/53. - 1987. - p. 259. - (GAOR, 41st sess., Suppl. no. 53).