Saturday, October 3, 2009
19 Countries Sign the U.N. Convention on Contracts for the International Carriage of Goods (the "Rotterdam Rules")
A signing ceremony for a new treaty on the movement of commercial cargo by sea was held this past week in Rotterdam (Netherlands). The U.N. Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (also known as the “Rotterdam Rules”) was adopted by the U.N. General Assembly in December 2008 (A/RES/63/122). The treaty creates uniform rules for the transportation of containers that include an international sea leg, but the coverage of the treaty is not limited to port-to-port shipping of goods.
The new treaty updates and replaces three obsolete treaties. Its provisions covering electronic transport records, container shipping, and regulations for combined sea and land transport.
The following 19 countries have signed the Rotterdam Rules in the past week:
- United States of America
The treaty will enter into effect one year after 20 countries have ratified the treaty. Click here to read more about the treaty (and to see photos from the signing ceremony).