Review of UNCITRAL model law on International Commercial Conciliation

During last two decades, the necessity of enactment of law regarding conciliation and mediation has been acknowledged by many legislators worldwide if settlement of disputes through conciliation is to be encouraged and developed. In 1998, the need for a uniform model law in respect of conciliation was recognized by UNCITRAL. As a result, UNCITRAL model law on International Commercial Conciliation was approved in 2002. In this article the content of this model law is discussed. Then the adoption of the model law in Iran is examined. Finally, a new version of the law to be proposed to be enacted in Iran is prepared based on the provisions of the UNCITRAL Model law and results of this research paper.