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Asian–African Legal Consultative Organization
Asian–African Legal Consultative Organization - Wikipedia
The Asian—African Legal Consultative Organization AALCO is an international governmental organization formed in , initially to serve as an advisory board to member states on matters on international law. Since , it has been known by its current name, the AALCO, reflecting the growth of its international status; currently an intergovernmental organization having received a standing United Nations invitation to participate as an observer in the sessions and the work of the General Assembly and maintaining a permanent office at Headquarters. That group adopted a set of comments on the work of the International Law Commission on identification of customary international law. Pursuant to that Scheme, it was decided to establish Regional Arbitration Centres under the auspices of AALCO, which would function as international institutions with the objectives to promote international commercial arbitration in the Asian-African regions and provide for conducting international arbitrations under these Centres. Five such Centres have been established so far, as below:. The respective host Governments recognize their independent status like an international organization and have accorded privileges and immunities to these Centres. AALCO provides its expertise and assistance to its Member States in the appointment of arbitrators and other matters related to the conduct of arbitration.
AALCO also monitors the development of regional centres for arbitration. Respective directors of the centres are required to present progress reports at every annual AALCO session. It is considered to be a tangible outcome of the historic Bandung Conference, held in Indonesia, in April It might seem to be a small nomenclature change, however, it has great symbolic significance reflecting the growing status of the Organization and the place it has secured among the family of international organizations. The five-year term was further extended on four occasions until , when at its Colombo Session, it was decided to place the Organization on a permanent footing.
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