Uniform e-commerce law

NEW DELHI, NOV 7: A United Nations expert has said that electronic commerce requires a uniform commercial law in which the initiator enters a familiar legal environment that has been established by a body of experts representing legal and economic systems of the world.

This involves removal of obstacles such as paper-based requirements that discriminate against electronic data messages, signatures and records, said Gerold Herrmann, secretary at United Nations Commission on International Trade Law Uncitral.

The necessary provision of 8221;e-quality8221; based on media neutrality and functional equivalence needs to be prompt and certain to ensure reliability and predictability in the use of new medium, he said while addressing 43rd Congress of the International Association of Lawyers here which concluded today. Herrmann said e-commerce makes far more conspicuous the global nature of commerce and points to a clear paradox: we all speak of a global marketplace of a global village 8230; But a village where everyhouse still has its own law.