Kiri

EN GENERAL ASSEMBLY UNIDROIT 2025

85th session A.G. (85) 1

Rome, 11 December 2025 Original: English

July 2025

ANNOTATED DRAFT AGENDA

1. Opening of the session by the Secretary-General and the Chair of the General Assembly

2024-2025

2. Election of the Chair of the General Assembly 2025-2026

3. Adoption of the agenda (A.G. (85) 1)

4. Statement regarding the Organisation’s activity in 2025 (A.G. (85) 2)

5. Adoption of the Work Programme of the Organisation for the 2026-2028 triennium (A.G.

(85) 3)

6. Approval of proposal of allocation of functions of the Supervisory Authority for the MAC

Protocol Registry among UNIDROIT governing bodies (A.G. (85) 4)

7. Approval of proposal to establish a Liaison Office in Hong Kong SAR (China) (A.G. (85) 5)

8. Final modifications to the Budget and approval of the Accounts for the 2024 financial

year (A.G. (85) 4)

9. Adjustments to the Budget for the 2025 financial year (A.G. (85) 5)

10. Arrears in contributions of Member States (A.G. (85) 6)

11. Approval of the draft Budget for 2026 and observations submitted by Member States

(A.G. (85) 7)

12. Consideration of the work of the Special Committee to Update the UNIDROIT Regulations

(A.G. (85) 8)

13. Update on the pension scheme for UNIDROIT staff (A.G. (85) 9)

14. Update on the activities of the UNIDROIT Academy (A.G. (85) 10)

15. Update on the Preparations and Events of the Centenary

16. Any other business.

2. UNIDROIT 2025 – A.G. (85) 1

ANNOTATIONS

Item No. 1 – Opening of the session

1. The 85th session of the General Assembly will be held on 11 December 2025 at the seat of

UNIDROIT. The meeting will start at 9.00 CET.

Item No. 2 – Appointment of the Chair of the General Assembly 2025-2026

2. Paraguay, represented by Mr Miguel Angel Aranda Daroczi, Advisor to the Ministry of External

Relations, chaired the General Assembly for the period 2024-2025. According to the practice of yearly

rotation among the geographic regions into which UNIDROIT’s membership is divided in accordance

with Article 7(7) of the UNIDROIT Regulations, it will be for the European group of States to nominate

the Chair for the period 2025-2026.

Item No. 13 – Update on the pension scheme for UNIDROIT staff

3. The General Assembly will receive an update on the investment of the pension fund of

UNIDROIT Staff.

Item No. 14 – Update on the activities of the UNIDROIT Academy

4. The General Assembly will hear of the important developments of the IPLD Programme and

the Moot Court Initiatives organised by the UNIDROIT Secretariat with the support of Member States.

ACCOUNTS

Rome, March 2025

UNIDROIT 2025

A C C O U N T S

OF RECEIPTS AND EXPENDITURE FOR THE 2024 FINANCIAL YEAR

2. UNIDROIT 2025 – Accounts 2024

AUDITOR'S REPORT OUTTURN OF THE YEAR 2024 1. The budget for the 2024 financial year, approved by the General Assembly at its 82nd session on 14 December 2023, provided for actual expenditure of € 2,555,742.00 to be met by actual receipts

of € 2,555,742.00. 2. The statement of account for the 2024 financial year is as follows (in euro):

Actual Special accounts Total

– Receipts

– Expenditure

Debit balance

2,319,614.81

_2,620,269.42

300,654.61 =========

– – =======

2,319,614.81

_2,620,269.42

300,654.61 =========

3. The financial situation at the close of the 2024 financial year was as follows:

A) General funds:

– at the close of the 2023 financial year 391,120.41

– Debit balance for the 2024 financial year 300,654.61

– Balance at the close of the 2024 financial year

90,465.80

B) Working capital fund (sum deposited at the Unicredit Banca di Roma

account n° xxxx in euro):

– credit balance at the close of the 2023 financial year 375,670.91

– increases and reductions in the course of the 2024

financial year:

-283.56

– interest (see Chapter 13, Art. 4 of the Institute's Budget)

– –

– payment in respect of Chapter 12 of the Institute’s Budget

– –

– contributions of new Member States – –

– Credit balance in the fund at the close of the 2024 financial year

375,387.35

C) Excess contributions paid by States during 2024 in

respect of the 2025 financial year

39,237.00

D) Excess Cigna Medical Insurance paid during 2024 in

respect of the 2025 financial year

-70,818.95 =========

Total credit balance: 434,271.20 =========

UNIDROIT 2025 – Accounts 2024 3.

CONCLUSIONS The Auditor:

– having found that the receipts and payments recorded in the Institute's books are in conformity with the supporting vouchers and that they correspond with the balance held in the Institute's bank accounts with the Unicredit Banca di Roma, that is to say euro account n° xxxx, account n° xxxx relating to the Working capital fund;

– having ascertained that the funds of the Institute available at the close of the financial year as

reflected in the cash situation (APPENDIX A, parts A and B) correspond to those declared by the Unicredit Banca di Roma in respect of each of the above-mentioned bank accounts;

– expresses the opinion that the accounts of receipts and expenditure for the 2024 financial year

may be approved.

Rome, March 2025

AUDITOR

4. UNIDROIT 2025 – Accounts 2024

APPENDIX A

GENERAL FINANCIAL SITUATION AT THE CLOSE OF THE 2024 FINANCIAL YEAR (in euro)

At 31/12/2023

Increases (+) Reductions (-)

At 31/12/2024

a) General funds 391,120.41 -300,654.61 90,465.80

Cash account 391,120.41 -300,654.61 90,465.80

b) Reserve fund for retirement

allowances for Categories B and C

staff in accordance with Art. 67 of

the Regulations

– –

– –

– –

c) Payment in respect of chapter 8

art.2 of the Institute’s budget for

the 2024 financial year

– –

– –

– –

d) Revolving funds 375,670.91 -283.56 375,387.35

e) Excess contributions paid by

States during 2024 in respect of

the 2025 financial year

146,517.00

-107,280.00

39,237.00

f) Excess Cigna Medical insurance

during 2024 in respect of the 2025

financial year

________– –

__-70,818.95

__-70,818.95

Overall total 913,308.32 -479,037.12 434,271.20

CASH SITUATION AT THE CLOSE OF THE 2024 FINANCIAL YEAR

A) CASH ACCOUNT (including only the general funds)

a) Deposits on euro accounts at the Unicredit Banca di Roma:

● Credit balance of account n° xxxx

in euro at 28.02.2025 according to

the bank's statement dated

28.2.2025

● Transactions carried out between 1

January and 28 February 2025

relating to the 2025 financial year

– Receipts

– Payments

– Excess contributions paid by

States during 2024 in respect

of the 2025 financial year

– Excess Cigna medical insurance

paid during 2024 in respect of

2025 financial year

● Credit balance

● Credit balance at the close of the

2024 financial year

-1,221,639.57

+542,599.94

_+39,237.00

_-70,818.95

carried forward

769,505.43

-679,039.63

90,465.80

58,883.85

UNIDROIT 2025 – Accounts 2024 5.

brought forward 58,883.85

B) WORKING CAPITAL FUND and RESERVE FUNDS

● Working Capital Fund deposited on

account n° xxxx at the Unicredit Banca di Roma: – Account balance at 31.12.2024

according to the bank's statement dated 28.02.2025

● Reserve fund for retirement allowances for

Categories B and C staff deposited on account no. xxxx at the Banca di Roma: – Account balance at 31.12.2024

according to the bank's statement

dated 28.02.2025

Overall total reflecting the financial situation (A + B)

375,670.91

-283.56

__375,387.35

434,271.20 ========

6. UNIDROIT 2025 – Accounts 2024

CONTRIBUTIONS OF PARTICIPATING GOVERNMENTS

Sums due in 2024

Sums received Difference to be carried

over to the next financial year

For preceding

years

1 (-) (+) 2

For 2024 (ANNEX I

to the Budget) 3

Total

4 (1 + 3)

For the financial

year 2024

(bank charges not deducted)

5

Total including sums paid in

excess in

preceding years (Chap. 1/2) 6 (2 + 5)

less

7 (4 – 5)

more

8 (6 – 4)

(in euro)

CHINA FRANCE GERMANY JAPAN UNITED KINGDOM UNITED STATES OF AMERICA

BRAZIL

CANADA AUSTRALIA REPUBLIC OF KOREA RUSSIAN FEDERATION SPAIN MEXICO

NETHERLANDS SAUDI ARABIA SWITZERLAND

TÜRKIYE ARGENTINA

AUSTRIA

BELGIUM DENMARK INDIA INDONESIA

– – – – – – – – – – – –

– –

– – – – – – – –

+59,004.00 – –

– – – – – – – –

-40,430.00

– –

– – – – – – – –

134,100.00 134,100.00 134,100.00 134,100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00 59,004.00 59,004.00 48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 21,456.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

134,100.00 134,100.00 134,100.00 134,100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00 59,004.00 59,004.00 48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 61,886.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

134,100.00 134,100.00 134,100.00 134,100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00

– – – –

48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 40,430.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

134,100.00 134,100.00 134,100.00 134.100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00

– – 59,004.00 48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 40,430.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

– – – – – – – – – – – –

– –

– – – – – –

59,004.00 – – – –

– – – – – – – –

21,456.00

– –

– – – – – – – –

– – – – – – – – – – – –

– –

– – – – – – – – – – – –

– – – – – – – – – –

– –

– – – – – – – –

UNIDROIT 2025 – Accounts 2024 7.

Sums due in 2024

Sums received

Difference to be carried over to the next financial year

For preceding

years

1 (-) (+) 2

For 2024 (ANNEX I

to the budget) 3

Total

4 (1 + 3)

For the financial

year 2024 (bank charges not

deducted) 5

Total including sums paid in

excess in preceding years

(Chap. 1/2) 6 (2 + 5)

less

7 (4 – 5)

more

8 (6 – 4)

(in euro)

NORWAY POLAND SWEDEN

VENEZUELA IRELAND PORTUGAL CHILE COLOMBIA CZECH REPUBLIC EGYPT

FINLAND GREECE HUNGARY IRAN NIGERIA PAKISTAN ROMANIA

SLOVAKIA SOUTH AFRICA SINGAPORE BULGARIA CROATIA

LATVIA

LITHUANIA LUXEMBOURG SLOVENIA URUGUAY

– – – – – –

-231,835.68 – –

+24,138.00 -40,480.00

– – – – – –

– – – – – –

-20,240.00 -43,640.07 -40,480.00

– –

– – – –

+24,138.00 – – – –

+13,079.00

+13,079.00 – –

+13,079.00 – –

29,502.00 29,502.00 29,502.00

29,502.00 24,138.00 24,138.00 21,456.00 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 21,456.00 21,456.00 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 24,138.00 13,410.00 13,410.00

13,410.00

13,410.00 13,410.00 13,410.00 13,410.00

29,502.00 29,502.00 29,502.00

261,337.68 24,138.00 24,138.00 61,936.00 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 21,456.00 41,696.00 65,096.07 61,936.00 21,456.00

21,456.00 21,456.00 24,138.00 13,410.00 13,410.00

13,410.00

13,410.00 13,410.00 13,410.00 13,410.00

29,502.00 29,502.00 29,502.00

– – 24,138.00

– – – –

21,456.00 21,456.00 21,456.00

21,456,00 21,456.00 21.456,00 41,696.00

– – – –

20,240.00

21,456.00 21,456.00

– – 13,410.00 13,410.00

12,748.00

13,741.00 13,410.00 13,741.00 13,410.00

29,502.00 29,502.00 29,502.00

– – 24,138.00 24,138.00

– – 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 21,456.00 41,696.00

– – – –

20,240.00

21,456.00 21,456.00 24,138,00 13,410.00 13,410.00

25,827.00

26,820.00 13,410.00 26,820.00 13,410.00

– – – – – –

261,337.68 – – – –

61,936.00 – – – – – –

– – – – – – – –

65,096.07 61,936.00 1,216,00

– – – – – – – – – –

– –

– – – – – – – –

– – – – – –

– – – – – – – – – – – – – –

– – – – – – – – – – – – – –

– – – – – – – – – –

12,417.00

13,410.00 – –

13,410.00 - –

8. UNIDROIT 2025 – Accounts 2024

Sums due in 2024

Sums received

Difference to be carried over to the next financial year

For preceding

years

1 (-) (+) 2

For 2024

(ANNEX I to the budget)

3

Total

4 (1 + 3)

For the financial year 2024

(bank charges not

deducted)

5

Total including sums paid in

excess in preceding years

(Chap, 1/2)

6 (2 + 5)

less

7 (4 – 5)

more

8 (6 – 4)

(in euro)

CYPRUS ESTONIA

MALTA PARAGUAY SERBIA TUNISIA MONGOLIA HOLY SEE SAN MARINO

– – – –

– – – – – – – – – – – – – –

10,728.00 10,728.00

10,728.00 10,728.00 10,728.00 10,728.00 10,728.00 2,682.00 2,682.00

10,728.00 10,728.00

10,728.00 10,728.00 10,728.00 10,728.00 10,728.00 2,682.00 2,682.00

10,728.00 10,728.00

10,728.00 – –

10,728.00 – –

10,728.00 2,682.00 2,682.00

10,728.00 10,728.00

10,728.00 – –

10,728.00 – –

10,728.00 2,682.00 2,682.00

– – – –

– – 10,728.00

– – 10,728.00

– – – – – –

– – – –

– – – – – – – – – – – – – –

TOTAL

+146,517.00 -417,105.75

2,239,470.00

2,656,575.75

1,995,858.00

2,142,375.00

553,437.75

39,237.00

Contributions paid to be brought forward to the 2025 financial year

39,237.00

Contributions relating to the 2024 financial year

2,103,138.00

RECEIPTS

10. UNIDROIT 2025 – Accounts 2024

RECEIPTS (in euro)

2024 Difference

ITEMS Estimate Receipts

Chap.

Art.

for 2024

received More Less

Estimated balance on 1 January 2024

391,120.41

391,120.41

1 A) Ordinary receipts:

Contributions of participating Governments

1 Italian Government 134,100.00 134,100.00 – – – –

2 Other participating Governments 2,338,642.00 2,103,138.00 – – 235,504.00

3 Extraordinary contribution Spanish Government – – 14,000.00 14,000.00 – –

4 Estimated profits on exchange rate p.m. – – – – – –

5 Contributions from new Member States – – – – – – – –

Total

2,472,742.00

==========

2,251,238.00

=========

14,000.00

=======

235,504.00

========

2

Other receipts

1

Interest

0

0

– –

– –

2 Contribution to overhead expenses 15,000.00 15,000.00 – – – –

3 Sale of publications 45,000.00 30,793.25 – – 14,206.75

4 Private donation (Aviareto) 23,000.00

=========

22,583.56

=========

– –

========

416.44

========

Total ordinary receipts

2,555,742.00

=========

2,319,614.81

=========

14,000.00

========

250,127.19

========

Total carried forward

2,555,742.00

2,319,614.81

14,000.00

250,127.19

UNIDROIT 2025 – Accounts 2024 11.

2024

Difference

ITEMS Estimate Receipts

Chap.

Art.

for 2024 Received More Less

brought forward

2,555,742.00

2,319,614.81

14,000.00

250,127.19

B) Extraordinary receipts

3

Various receipts

Tax Reimbursement Credit

– –

– –

– –

– –

Total extraordinary receipts

– –

=========

– –

=========

– –

========

– –

========

Total actual receipts

2,555,742.00

=========

2,710,735.22

=========

405,120.41

========

250,127.19

========

C) Special accounts

4

Revolving funds

1 Working Capital Fund p.m. – – – – – –

2 Interest on the assets of the Reserve Fund for

retirement benefits (Article 67 of the Regulations)

– –

– –

– –

– –

3 Interest on the assets of the Working Capital

Fund and contributions of new member States

– –

– –

– –

– –

Total special accounts

– –

=========

– –

=========

– –

========

– –

========

Total actual receipts

2,555,742.00

=========

2,710,735.22

=========

405,120.41

========

250,127.19

========

12. UNIDROIT 2025 – Accounts 2024

SUMMARY OF RECEIPTS

Difference ITEMS Estimate Receipts

for 2024 received more less

Estimated balance on 1 January 2024

– –

=========

391,120.41

=========

391,120.41

========

– –

========

A) Ordinary receipts

2,555,742.00

=========

2,319,614.81

=========

– –

========

236,127.19

========

B) Extraordinary receipts

– –

=========

– –

=========

– –

========

– –

========

Total actual receipts

2,555,742.00

=========

2,710,735.22

=========

391,120.41

========

236,127.19

========

C) Special accounts

– –

=========

– –

=========

– –

========

– –

========

Total receipts

2,555,742.00

=========

2,710,735.22

=========

391,120.41

========

236,127.19

========

EXPENDITURE

14. UNIDROIT 2025 – Accounts 2024

EXPENDITURE (in euro)

2024

Difference ITEMS Estimate Actual

Chap.

Art.

for 2024 Expenditure Saving Excess

A) Ordinary expenditure

1

Reimbursement of expenses

1 Governing Council and Permanent Committee 53,000.00 51,011.94 1,988.06 – –

2

3

4

Auditor

Administrative Tribunal

Committees of experts

5,000.00

p.m.

170,000.00

5,203.86

p.m.

146,209.01

– –

– –

23,790.99

203.86

– –

– –

5

6

7

Official journeys and promotion of activities

Interpreters

Representation

70,000.00

20,000.00

___8,000.00

68,349.04

27,793.56

___8,975.02

1,650.96

– –

_______– –

– –

7,793.56

___975.02

Total

326,000.00

========

307,542.43

========

27,430.01

=======

8,972.44

=======

2 Salaries and allowances:

1 Salaries of Categories A, B and C staff 1,367,520.00 1,451,425.02 – – 83,905.02

2

3

Remuneration for occasional collaborators

Tax reimbursement

15,000.00

– –

9,809.65

– –

5,190.35

– –

– –

– –

Total 1,382,520.00

=========

1,461,234.67

=========

5,190.35

=======

83,905.02

=======

carried forward 1,708,520.00 1,768,777.10

32,620.36

92,877.46

UNIDROIT 2025 – Accounts 2024 15.

2024

Difference

ITEMS Estimate Actual

Chap.

Art.

for 2024 Expenditure Saving Excess

brought forward 1,708,520.00 1,768,777.10

32,620.36

92,877.46

3 Social security charges

1 Insurance against disablement, old age and

sickness

552,972.00

531,500.23

21,471.77

– –

2

3

Accident insurance

Compensation retired members of staff

5,000.00

___2,250.00

8,786.93

___1,862.72

– –

___387.28

3,786.93

_____– –

Total

560,222.00

========

542,149.88

========

21,859.05

=======

3,786.93

======

4

Administrative expenses:

1 Stationery 10,000.00 11,121.54 – – 1,121.54

2 Telephone 15,000.00 22,950.73 – – 7,950.73

3 Postage 6,000.00 7,762.96 – – 1,762.96

4 Miscellaneous 2,000.00 2,380.08 – – 380.08

5 Printing of publications __10,000.00 ___8,588.04 __1,411.96 ______– –

Total 43,000.00

========

52,803.35

========

1,411.96

=======

11,215.31

=======

carried forward

2,311,742.00

2,363,730.33

55,891.37

107,879.70

16. UNIDROIT 2025 – Accounts 2024

2024

Difference

ITEMS Estimate Actual

Chap.

Art.

for 2024 Expenditure Saving Excess

brought forward 2,311,742.00 2,363,730.33 55,891.37 107,879.70

5 Maintenance costs

1 Electricity 20,000.00 23,356,97 – – 3,356.97

2 Heating 25,000.00 15,696.08 9,303.92 – –

3 Water 5,000.00 6,356.53 – – 1,356.53

4 Insurance of premises 12,000.00 10,994.68 1,005.32 – –

5 Office equipment 23,000.00 40,110.40 – – 17,110.40

6 Upkeep of building, public services 30,000.00 33,451.87 – – 3,451.87

7 Labour costs ___15,000.00 ___24,878.53 ________– – __9,878.53

Total 130,000.00

=========

154,845.06

=========

10,309.24

========

35,154.30

=======

6 Library

1 Purchase of books 80,000.00 58,961.39 21,038.61 – –

2 Binding 4,000.00 2,053.93 1,946.07 – –

7

8

3

1

2

3

Software

Total

Total actual expenses

Legal co-operation programme

Various reserve funds

Reserve fund for unforeseen expenditure

Reserve fund for retirement allowance for

general services staff

Reserve fund for payment of compensation to

staff who do not enjoy all the advantages

provided for in Article 7 of the

Headquarters Agreement

___30,000.00

114,000.00

=========

2,555,742.00

=========

0

==

– –

– –

– –

=========

___40,678.71

101,694.03

=========

2,620,269.42

=========

0

==

– –

– –

– –

=========

_______ – –

22,984.68

========

89,185.29

========

0

==

– –

– –

– –

========

__10,678.71

10,678,71

========

153,712.71

========

0

==

– –

– –

– –

========

carried forward 2,555,742.00 2,620,269.42 89,185.29 153,712.71

UNIDROIT 2025 – Accounts 2024 17.

2024

Difference

ITEMS Estimate Actual

Chap.

Art.

for 2024 expenditure Saving Excess

brought forward 2,555,742.00 2,620,269.42 89,185.29 153,712.71

B) Extraordinary expenditure

9 Working Capital Fund – –

– – – –

– –

10 Convening of a diplomatic Conference for the

adoption of one of the Institute’s draft

Conventions or a scientific event

____ – –

_____ – –

__ – –

___ – –

Total extraordinary expenditure 0

=========

– –

==========

0

========

0

=========

Total actual expenditure 2,555,742.00

=========

2,620,269.42

==========

89,185.29

========

153,712.71

=========

C) Special accounts

11 Revolving funds

1 Working Capital Fund p.m. – – – – – –

2 Expenditure as balanced by receipts p.m. – – – – – –

3 Interest on the assets of the Reserve Fund for

retirement pay in accordance with Article 67 of

the Regulations

– –

– –

– –

– –

4 Interest on Working Capital Fund and

contributions of new member States

– –

– –

– –

– –

5 Payment of an account of a retirement allowance

from the Reserve Fund to the last employee

enjoying this allowance

– –

– –

– –

– –

Total special accounts – –

=========

– –

==========

– –

=========

– –

========

Total expenditure

2,555,742.00

==========

2,620,269.42

==========

89,185.29

=========

153,712.71

========

18. UNIDROIT 2025 – Accounts 2024

SUMMARY OF EXPENDITURE

Difference ITEMS Estimate Actual

for 2024 expenditure Saving Excess

A) Ordinary expenditure

Chap. 1. Reimbursement of expenses

326,000.00

307,542.43

18,457.57

– –

Chap. 2. Salaries and allowances 1,382,520.00 1,461,234.67 – – 78,714.67

Chap. 3. Social security charges 560,222.00 542,149.88 18,072.12 – – Chap. 4. Administrative expenses 43,000.00 52,803.35 – – 9,803.35

Chap. 5. Maintenance costs 130,000.00 154,845.06 – – 24,845.06

Chap. 6 Library Chap. 7 Legal Co-operation programme

Chap. 8 Various Reserve Funds

Total Actual expenditure

B) Extraordinary expenditure

114,000.00 0

____________0

2,555,742.00

==========

101,694.03 0

____________0

2,620,269.42

==========

12,305.97 0

___________0

48,835.66

=========

– – 0

__________0

113,363.08

========

Chap. 9 Working Capital Fund

– –

– –

– –

– –

Chap. 10 Convening of a diplomatic Conference for the

adoption of one of the Institute’s draft

Convention or a scientific event

___ – –

__ – –

__ – –

____ – –

Total extraordinary expenditure

– –

=========

– –

=========

– –

========

– –

========

Total actual expenditure

2,555,742.00

=========

2,620,269.42

=========

48,835.66

========

113,363.08

======== C) Special accounts

Chap. 11 Revolving funds

– – ==========

– – ==========

– – ========

– – ========

Total expenditure

2,555,742.00 ==========

2,620,269.42 ==========

48,835.66 ========

113,363.08 ========

UNIDROIT 2025 – Accounts 2024 19.

GENERAL SUMMARY OF THE 2024 FINANCIAL YEAR

(in euro)

Financial year

2024

General

funds

A) Cash total at the close of

the 2023 financial year

B) Total actual receipts

C) Total actual expenditure

Credit balance for the 2024

financial year

D) Cash total at the close of

the 2024 financial year

2,319,614.81

2,620,269.42

=========

391,120.41

-300,654.61

90,465.80

20. UNIDROIT 2025 – Accounts 2024

WORKING CAPITAL FUND

2024 FINANCIAL YEAR

(in euro)

At 31.12.2023 VARIATIONS

At 31.12.2024

Increases Reductions

Sum in hand on

31.12.2023

Interest on bank

account n° xxxx

(Chap.13 – art. 4)

Contributions of new

Member States

during 2024 financial

year

Reductions in the

course of the 2024

financial year

Total variations

Sum in hand on

31.12.2024

375,670.91

375,670.91

========

=======

-283.56

-283.56

=======

375,387.35

========

EN UNIDROIT 2025

Draft Budget 2026

Original: English

July 2025

Draft Budget for the 2026 financial year

(prepared by the UNIDROIT Secretariat)

Summary Explanation of the proposed expenditure and receipts under the

2026 draft Budget

Action to be taken Formulation of observations to be transmitted to the Finance

Committee at its 100th session (Rome, October 2025)

I. INTRODUCTION

1. The first draft of the Budget, providing estimates of receipts and expenditure for the 2026

financial year prepared by the Secretariat (UNIDROIT 2025 – F.C. (99) 4), was examined by the Finance

Committee at its 99th session (27 March 2025), in accordance with Article 26 of the UNIDROIT

Regulations. Those first estimates were then submitted to the Governing Council, which at its 105th

session, established the draft Budget for 2026, as set forth in the Annex to this document, taking

into account the opinion expressed by the Finance Committee.

2. The draft Budget is now transmitted to Member States, for their review and comments, which

should be submitted to the Secretariat by 15 September 2025. Thereafter, the draft Budget will be

submitted, together with any comments received by the Secretariat, to the Finance Committee, for

consideration at its 100th session, to be held in October 2025. The Committee will at that time

formulate its final opinion on the draft Budget before its submission for consideration and adoption

to the General Assembly at its 85th session, to be held in Rome on 11 December 2025.

2. UNIDROIT 2025 – Draft Budget 2026

ANNEXE

DRAFT BUDGET FOR THE 2026

FINANCIAL YEAR

UNIDROIT 2025 – Draft Budget 2026 3.

RECEIPTS (in Euro)

Budget 20251 Budget 2026

Chapter 1: Contributions of Member States

Art. 1 (Member States’ Contributions) 2,412,574.00 2,453,900.002

Chapter 2: Other receipts

Art. 1 (Interest) 0.00 0.003

Art. 2 (Contributions to overhead expenses) 15,000.00 15,000.004

Art. 3 (Sale of publications) 45,000.00 45,000.005

Art. 4 (Aviareto) 23,000.00 23,000.006

Total receipts 2,495,574.00 2,536,900.00

EXPLANATORY NOTES TO THE DRAFT BUDGET – RECEIPTS

1 The numbers given in this column correspond to those found in the Budget for 2025 approved

by the Finance Committee at its 98th session on 24 October 2024 (see UNIDROIT 2024 – F.C. (98) 6)

and subsequently approved by the General Assembly at its 84th session in Rome on 12 December

2024 (see UNIDROIT 2024 – A.G. (84) 6).

2 The expected amount of contributions of Member States for 2026 corresponds to the UNIDROIT

Contributions Chart approved by the General Assembly at its 82nd session (Rome, 14 December 2023)

(see UNIDROIT 2023 – A.G. (82) 9 and A.G. (82) 11) and based on the expectation that arrears in

Member State contributions would be reduced.

3 The Secretariat estimates the interest earned on deposits in checking accounts to be close to

zero again for 2026.

4 This sum represents the share of the Office for Italy and San Marino of the International

Labour Organization in the operating expenses of the premises of UNIDROIT.

5 The Secretariat estimates the receipts from the sale of publications in 2026 to be

approximately the same as in 2025.

6 UNIDROIT expects to receive in 2026 a payment of USD 25,000 from Aviareto, the International

Registry under the Aircraft Protocol to the Cape Town Convention, in accordance with a renewed

licencing agreement by which UNIDROIT is to provide an electronic version of the revised fifth edition

of the Aircraft Protocol Official Commentary by Sir Roy Goode for Aviareto to make available to users

of the International Registry.

4. UNIDROIT 2025 – Draft Budget 2026

EXPENDITURE (in Euro)

Budget 20251 Budget 2026

Chapter 1 – Meeting costs and official travel2

Art. 1 (Governing Council and Permanent Committee) 53,000.00 53,000.00

Art. 2 (Auditor) 5,000.00 5,200.00

Art. 3 (Administrative Tribunal)

Art. 4 (Committees of Experts) 140,000.00 140,000.00

Art. 5 (Official journeys and promotion of activities) 45,000.00 45,000.00

Art. 6 (Interpreters) 18,000.00 10,000.00

Art. 7 (Representation) 6,000.00 6,000.00

Subtotal 267,000.00 259,200.00

Chapter 2 – Salaries and allowances3

Art. 1 (Salaries of Categories D, P and GS staff and

consultants)

1,385,328.00 1,450,000.00

Art. 2 (Remuneration for occasional collaborators) 10,000.00 10,000.00

Art. 3 (Tax reimbursement) 0.00 0.00

Subtotal 1,395,328.00 1,460,000.00

Chapter 3 – Social security charges4

Art. 1 (Insurance against disablement, old age, and

sickness)

552,567.00 530,000.00

Art. 2 (Accident insurance) 9,000.00 8,800.00

Art. 3 (Compensation for retired members of staff) 1,900.00 1,900.00

Subtotal 563,467.00 540,700.00

Chapter 4 – Administrative expenses5

Art. 1 (Stationery) 10,000.00 10,000.00

Art. 2 (Telephone, fax, and Internet) 14,400.00 18,000.00

Art. 3 (Postage) 6,000.00 6,000.00

Art. 4 (Miscellaneous) 2,000.00 2,000.00

Art. 5 (Printing of publications) 8,000.00 8,000.00

Subtotal 40,400.00 44,000.00

Chapter 5 – Maintenance costs6

Art. 1 (Electricity) 20,000.00 20,000.00

Art. 2 (Heating) 20,000.00 15,000.00

Art. 3 (Water) 5,000.00 5,000.00

Art. 4 (Insurance of premises) 11,000.00 11,000.00

Art. 5 (Office equipment) 21,379.00 20,000.00

Art. 6 (Upkeep of building, public services) 25,000.00 25,000.00

Art. 7 (Labour costs) 15,000.00 25,000.00

Subtotal 117,379.00 121,000.00

Chapter 6 – Library7

Art. 1 (Purchase of books) 80,000.00 80,000.00

Art. 2 (Binding) 2,000.00 2,000.00

Art. 3 (Software) 30,000.00 30,000.00

Subtotal 112,000.00 112,000.00

Total expenditure 2,495,574.00 2,536,900.00

UNIDROIT 2025 – Draft Budget 2026 5.

EXPLANATORY NOTES TO THE DRAFT BUDGET - EXPENDITURE

1 The numbers given in this column correspond to those found in the Budget for 2025 approved

by the Finance Committee at its 98th session on 24 October 2024 (see UNIDROIT 2024 – F.C. (98) 6)

and subsequently approved by the General Assembly at its 84th session in Rome on 12 December

2024 (see UNIDROIT 2024 – A.G. (84) 6).

2 Purpose of expenditure: to cover travel and subsistence expenses incurred by the

Members of the Governing Council and of the Permanent Committee in their attendance of sessions

of those bodies; the fees due to the auditor appointed by the General Assembly; the costs of hearings

of the Administrative Tribunal, registrar services, and sums awarded by the Tribunal for settlement

of claims; the costs incurred by UNIDROIT in organising meetings of committees of experts and other

meetings associated with UNIDROIT’s Work Programme; the travel and subsistence expenses incurred

by representatives of UNIDROIT, members of staff, and collaborators in connection with the attendance

of meetings of other organisations with which UNIDROIT cooperates, as well as missions intended to

further awareness of UNIDROIT’s work in general and, where appropriate, to encourage accession to

the Statute of the Organisation; the cost of simultaneous interpretation at meetings held by UNIDROIT;

and the cost of representation functions, such as receptions and similar events organised by UNIDROIT

in connection with its meetings.

Compared to the Budget for 2025, the Secretariat is forecasting a decrease in expenditure

with respect to Article 6 (Interpreters) given that the Secretariat aims at using online simultaneous

translation services instead of in-person interpreters for short meetings (e.g., the meetings of the

Finance Committee).

3 Purpose of expenditure: to cover the salaries and allowances of the professional,

administrative, secretarial and library members of UNIDROIT staff, as well as remuneration of

consultants.

With respect to Article 1 (Salaries of Categories D, P and GS staff and consultants), the

Secretariat deems it prudent to forecast an increase of approximately 5% in order to reflect the

annual increase in salaries due to the design of the salary system and considering the evolution of

expenditure for salaries in recent years.

4 Purpose of expenditure: insurance coverage of staff members against disability, old age,

sickness, and accidents, in accordance with the UNIDROIT Regulations. Article 3 concerns payments to

one retired member of staff to cover the periods, in the past, during which he was not covered for

social security purposes.

With respect to Article 1 (Insurance against disablement, old age, and sickness), the

Secretariat estimates that expenditure would be lower than in the Budget for 2025 given the relative

increase in the number of consultants, for which no social security contributions are due.

With respect to Article 2 (Accident insurance), the estimated expenditure at EUR 8,800.00 is

in line with the actual expenditure under this budget line in recent years.

5 Purpose of expenditure: to cover ordinary running expenses of UNIDROIT (purchase of

stationery, telephone charges, postage of materials and correspondence, etc.). With respect to

Article 2 (Telephone, fax, and Internet), the Secretariat estimates that the costs will amount to

approximately EUR 18,000.00 considering the recently established increase in internet capacity to

facilitate online meetings.

6 Purpose of expenditure: to cover utility fees (electricity, water, and gas bills), building

maintenance costs (insurance, ordinary repairs for the building, maintenance of elevators) and

charges for municipal services (i.e., waste disposal). The Secretariat proposes to increase Article 7

6. UNIDROIT 2025 – Draft Budget 2026

(Labour costs) by EUR 10,000.00 considering the higher actual expenditure under this budget line in

recent years.

7 Purpose of expenditure: to cover the cost of acquisitions for the Library’s stock of books

and the maintenance of its subscriptions to law journals, binding of periodicals and subscriptions to

electronic journals and databases. No change is proposed for 2026.

EN GENERAL ASSEMBLY UNIDROIT 2025

85th session A.G. (85) 1

Rome, 11 December 2025 Original: English

July 2025

ANNOTATED DRAFT AGENDA

1. Opening of the session by the Secretary-General and the Chair of the General Assembly

2024-2025

2. Election of the Chair of the General Assembly 2025-2026

3. Adoption of the agenda (A.G. (85) 1)

4. Statement regarding the Organisation’s activity in 2025 (A.G. (85) 2)

5. Adoption of the Work Programme of the Organisation for the 2026-2028 triennium (A.G.

(85) 3)

6. Approval of proposal of allocation of functions of the Supervisory Authority for the MAC

Protocol Registry among UNIDROIT governing bodies (A.G. (85) 4)

7. Approval of proposal to establish a Liaison Office in Hong Kong SAR (China) (A.G. (85) 5)

8. Final modifications to the Budget and approval of the Accounts for the 2024 financial

year (A.G. (85) 4)

9. Adjustments to the Budget for the 2025 financial year (A.G. (85) 5)

10. Arrears in contributions of Member States (A.G. (85) 6)

11. Approval of the draft Budget for 2026 and observations submitted by Member States

(A.G. (85) 7)

12. Consideration of the work of the Special Committee to Update the UNIDROIT Regulations

(A.G. (85) 8)

13. Update on the pension scheme for UNIDROIT staff (A.G. (85) 9)

14. Update on the activities of the UNIDROIT Academy (A.G. (85) 10)

15. Update on the Preparations and Events of the Centenary

16. Any other business.

2. UNIDROIT 2025 – A.G. (85) 1

ANNOTATIONS

Item No. 1 – Opening of the session

1. The 85th session of the General Assembly will be held on 11 December 2025 at the seat of

UNIDROIT. The meeting will start at 9.00 CET.

Item No. 2 – Appointment of the Chair of the General Assembly 2025-2026

2. Paraguay, represented by Mr Miguel Angel Aranda Daroczi, Advisor to the Ministry of External

Relations, chaired the General Assembly for the period 2024-2025. According to the practice of yearly

rotation among the geographic regions into which UNIDROIT’s membership is divided in accordance

with Article 7(7) of the UNIDROIT Regulations, it will be for the European group of States to nominate

the Chair for the period 2025-2026.

Item No. 13 – Update on the pension scheme for UNIDROIT staff

3. The General Assembly will receive an update on the investment of the pension fund of

UNIDROIT Staff.

Item No. 14 – Update on the activities of the UNIDROIT Academy

4. The General Assembly will hear of the important developments of the IPLD Programme and

the Moot Court Initiatives organised by the UNIDROIT Secretariat with the support of Member States.

ACCOUNTS

Rome, March 2025

UNIDROIT 2025

A C C O U N T S

OF RECEIPTS AND EXPENDITURE FOR THE 2024 FINANCIAL YEAR

2. UNIDROIT 2025 – Accounts 2024

AUDITOR'S REPORT OUTTURN OF THE YEAR 2024 1. The budget for the 2024 financial year, approved by the General Assembly at its 82nd session on 14 December 2023, provided for actual expenditure of € 2,555,742.00 to be met by actual receipts

of € 2,555,742.00. 2. The statement of account for the 2024 financial year is as follows (in euro):

Actual Special accounts Total

– Receipts

– Expenditure

Debit balance

2,319,614.81

_2,620,269.42

300,654.61 =========

– – =======

2,319,614.81

_2,620,269.42

300,654.61 =========

3. The financial situation at the close of the 2024 financial year was as follows:

A) General funds:

– at the close of the 2023 financial year 391,120.41

– Debit balance for the 2024 financial year 300,654.61

– Balance at the close of the 2024 financial year

90,465.80

B) Working capital fund (sum deposited at the Unicredit Banca di Roma

account n° xxxx in euro):

– credit balance at the close of the 2023 financial year 375,670.91

– increases and reductions in the course of the 2024

financial year:

-283.56

– interest (see Chapter 13, Art. 4 of the Institute's Budget)

– –

– payment in respect of Chapter 12 of the Institute’s Budget

– –

– contributions of new Member States – –

– Credit balance in the fund at the close of the 2024 financial year

375,387.35

C) Excess contributions paid by States during 2024 in

respect of the 2025 financial year

39,237.00

D) Excess Cigna Medical Insurance paid during 2024 in

respect of the 2025 financial year

-70,818.95 =========

Total credit balance: 434,271.20 =========

UNIDROIT 2025 – Accounts 2024 3.

CONCLUSIONS The Auditor:

– having found that the receipts and payments recorded in the Institute's books are in conformity with the supporting vouchers and that they correspond with the balance held in the Institute's bank accounts with the Unicredit Banca di Roma, that is to say euro account n° xxxx, account n° xxxx relating to the Working capital fund;

– having ascertained that the funds of the Institute available at the close of the financial year as

reflected in the cash situation (APPENDIX A, parts A and B) correspond to those declared by the Unicredit Banca di Roma in respect of each of the above-mentioned bank accounts;

– expresses the opinion that the accounts of receipts and expenditure for the 2024 financial year

may be approved.

Rome, March 2025

AUDITOR

4. UNIDROIT 2025 – Accounts 2024

APPENDIX A

GENERAL FINANCIAL SITUATION AT THE CLOSE OF THE 2024 FINANCIAL YEAR (in euro)

At 31/12/2023

Increases (+) Reductions (-)

At 31/12/2024

a) General funds 391,120.41 -300,654.61 90,465.80

Cash account 391,120.41 -300,654.61 90,465.80

b) Reserve fund for retirement

allowances for Categories B and C

staff in accordance with Art. 67 of

the Regulations

– –

– –

– –

c) Payment in respect of chapter 8

art.2 of the Institute’s budget for

the 2024 financial year

– –

– –

– –

d) Revolving funds 375,670.91 -283.56 375,387.35

e) Excess contributions paid by

States during 2024 in respect of

the 2025 financial year

146,517.00

-107,280.00

39,237.00

f) Excess Cigna Medical insurance

during 2024 in respect of the 2025

financial year

________– –

__-70,818.95

__-70,818.95

Overall total 913,308.32 -479,037.12 434,271.20

CASH SITUATION AT THE CLOSE OF THE 2024 FINANCIAL YEAR

A) CASH ACCOUNT (including only the general funds)

a) Deposits on euro accounts at the Unicredit Banca di Roma:

● Credit balance of account n° xxxx

in euro at 28.02.2025 according to

the bank's statement dated

28.2.2025

● Transactions carried out between 1

January and 28 February 2025

relating to the 2025 financial year

– Receipts

– Payments

– Excess contributions paid by

States during 2024 in respect

of the 2025 financial year

– Excess Cigna medical insurance

paid during 2024 in respect of

2025 financial year

● Credit balance

● Credit balance at the close of the

2024 financial year

-1,221,639.57

+542,599.94

_+39,237.00

_-70,818.95

carried forward

769,505.43

-679,039.63

90,465.80

58,883.85

UNIDROIT 2025 – Accounts 2024 5.

brought forward 58,883.85

B) WORKING CAPITAL FUND and RESERVE FUNDS

● Working Capital Fund deposited on

account n° xxxx at the Unicredit Banca di Roma: – Account balance at 31.12.2024

according to the bank's statement dated 28.02.2025

● Reserve fund for retirement allowances for

Categories B and C staff deposited on account no. xxxx at the Banca di Roma: – Account balance at 31.12.2024

according to the bank's statement

dated 28.02.2025

Overall total reflecting the financial situation (A + B)

375,670.91

-283.56

__375,387.35

434,271.20 ========

6. UNIDROIT 2025 – Accounts 2024

CONTRIBUTIONS OF PARTICIPATING GOVERNMENTS

Sums due in 2024

Sums received Difference to be carried

over to the next financial year

For preceding

years

1 (-) (+) 2

For 2024 (ANNEX I

to the Budget) 3

Total

4 (1 + 3)

For the financial

year 2024

(bank charges not deducted)

5

Total including sums paid in

excess in

preceding years (Chap. 1/2) 6 (2 + 5)

less

7 (4 – 5)

more

8 (6 – 4)

(in euro)

CHINA FRANCE GERMANY JAPAN UNITED KINGDOM UNITED STATES OF AMERICA

BRAZIL

CANADA AUSTRALIA REPUBLIC OF KOREA RUSSIAN FEDERATION SPAIN MEXICO

NETHERLANDS SAUDI ARABIA SWITZERLAND

TÜRKIYE ARGENTINA

AUSTRIA

BELGIUM DENMARK INDIA INDONESIA

– – – – – – – – – – – –

– –

– – – – – – – –

+59,004.00 – –

– – – – – – – –

-40,430.00

– –

– – – – – – – –

134,100.00 134,100.00 134,100.00 134,100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00 59,004.00 59,004.00 48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 21,456.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

134,100.00 134,100.00 134,100.00 134,100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00 59,004.00 59,004.00 48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 61,886.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

134,100.00 134,100.00 134,100.00 134,100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00

– – – –

48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 40,430.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

134,100.00 134,100.00 134,100.00 134.100.00 134,100.00 134,100.00

48,276.00

96,552.00 59,004.00 59,004.00

– – 59,004.00 48,276.00

48,276.00 48,276.00 48,276.00 48,276.00 40,430.00

29,502.00

29,502.00 29,502.00 29,502.00 29,502.00

– – – – – – – – – – – –

– –

– – – – – –

59,004.00 – – – –

– – – – – – – –

21,456.00

– –

– – – – – – – –

– – – – – – – – – – – –

– –

– – – – – – – – – – – –

– – – – – – – – – –

– –

– – – – – – – –

UNIDROIT 2025 – Accounts 2024 7.

Sums due in 2024

Sums received

Difference to be carried over to the next financial year

For preceding

years

1 (-) (+) 2

For 2024 (ANNEX I

to the budget) 3

Total

4 (1 + 3)

For the financial

year 2024 (bank charges not

deducted) 5

Total including sums paid in

excess in preceding years

(Chap. 1/2) 6 (2 + 5)

less

7 (4 – 5)

more

8 (6 – 4)

(in euro)

NORWAY POLAND SWEDEN

VENEZUELA IRELAND PORTUGAL CHILE COLOMBIA CZECH REPUBLIC EGYPT

FINLAND GREECE HUNGARY IRAN NIGERIA PAKISTAN ROMANIA

SLOVAKIA SOUTH AFRICA SINGAPORE BULGARIA CROATIA

LATVIA

LITHUANIA LUXEMBOURG SLOVENIA URUGUAY

– – – – – –

-231,835.68 – –

+24,138.00 -40,480.00

– – – – – –

– – – – – –

-20,240.00 -43,640.07 -40,480.00

– –

– – – –

+24,138.00 – – – –

+13,079.00

+13,079.00 – –

+13,079.00 – –

29,502.00 29,502.00 29,502.00

29,502.00 24,138.00 24,138.00 21,456.00 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 21,456.00 21,456.00 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 24,138.00 13,410.00 13,410.00

13,410.00

13,410.00 13,410.00 13,410.00 13,410.00

29,502.00 29,502.00 29,502.00

261,337.68 24,138.00 24,138.00 61,936.00 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 21,456.00 41,696.00 65,096.07 61,936.00 21,456.00

21,456.00 21,456.00 24,138.00 13,410.00 13,410.00

13,410.00

13,410.00 13,410.00 13,410.00 13,410.00

29,502.00 29,502.00 29,502.00

– – 24,138.00

– – – –

21,456.00 21,456.00 21,456.00

21,456,00 21,456.00 21.456,00 41,696.00

– – – –

20,240.00

21,456.00 21,456.00

– – 13,410.00 13,410.00

12,748.00

13,741.00 13,410.00 13,741.00 13,410.00

29,502.00 29,502.00 29,502.00

– – 24,138.00 24,138.00

– – 21,456.00 21,456.00 21,456.00

21,456.00 21,456.00 21,456.00 41,696.00

– – – –

20,240.00

21,456.00 21,456.00 24,138,00 13,410.00 13,410.00

25,827.00

26,820.00 13,410.00 26,820.00 13,410.00

– – – – – –

261,337.68 – – – –

61,936.00 – – – – – –

– – – – – – – –

65,096.07 61,936.00 1,216,00

– – – – – – – – – –

– –

– – – – – – – –

– – – – – –

– – – – – – – – – – – – – –

– – – – – – – – – – – – – –

– – – – – – – – – –

12,417.00

13,410.00 – –

13,410.00 - –

8. UNIDROIT 2025 – Accounts 2024

Sums due in 2024

Sums received

Difference to be carried over to the next financial year

For preceding

years

1 (-) (+) 2

For 2024

(ANNEX I to the budget)

3

Total

4 (1 + 3)

For the financial year 2024

(bank charges not

deducted)

5

Total including sums paid in

excess in preceding years

(Chap, 1/2)

6 (2 + 5)

less

7 (4 – 5)

more

8 (6 – 4)

(in euro)

CYPRUS ESTONIA

MALTA PARAGUAY SERBIA TUNISIA MONGOLIA HOLY SEE SAN MARINO

– – – –

– – – – – – – – – – – – – –

10,728.00 10,728.00

10,728.00 10,728.00 10,728.00 10,728.00 10,728.00 2,682.00 2,682.00

10,728.00 10,728.00

10,728.00 10,728.00 10,728.00 10,728.00 10,728.00 2,682.00 2,682.00

10,728.00 10,728.00

10,728.00 – –

10,728.00 – –

10,728.00 2,682.00 2,682.00

10,728.00 10,728.00

10,728.00 – –

10,728.00 – –

10,728.00 2,682.00 2,682.00

– – – –

– – 10,728.00

– – 10,728.00

– – – – – –

– – – –

– – – – – – – – – – – – – –

TOTAL

+146,517.00 -417,105.75

2,239,470.00

2,656,575.75

1,995,858.00

2,142,375.00

553,437.75

39,237.00

Contributions paid to be brought forward to the 2025 financial year

39,237.00

Contributions relating to the 2024 financial year

2,103,138.00

RECEIPTS

10. UNIDROIT 2025 – Accounts 2024

RECEIPTS (in euro)

2024 Difference

ITEMS Estimate Receipts

Chap.

Art.

for 2024

received More Less

Estimated balance on 1 January 2024

391,120.41

391,120.41

1 A) Ordinary receipts:

Contributions of participating Governments

1 Italian Government 134,100.00 134,100.00 – – – –

2 Other participating Governments 2,338,642.00 2,103,138.00 – – 235,504.00

3 Extraordinary contribution Spanish Government – – 14,000.00 14,000.00 – –

4 Estimated profits on exchange rate p.m. – – – – – –

5 Contributions from new Member States – – – – – – – –

Total

2,472,742.00

==========

2,251,238.00

=========

14,000.00

=======

235,504.00

========

2

Other receipts

1

Interest

0

0

– –

– –

2 Contribution to overhead expenses 15,000.00 15,000.00 – – – –

3 Sale of publications 45,000.00 30,793.25 – – 14,206.75

4 Private donation (Aviareto) 23,000.00

=========

22,583.56

=========

– –

========

416.44

========

Total ordinary receipts

2,555,742.00

=========

2,319,614.81

=========

14,000.00

========

250,127.19

========

Total carried forward

2,555,742.00

2,319,614.81

14,000.00

250,127.19

UNIDROIT 2025 – Accounts 2024 11.

2024

Difference

ITEMS Estimate Receipts

Chap.

Art.

for 2024 Received More Less

brought forward

2,555,742.00

2,319,614.81

14,000.00

250,127.19

B) Extraordinary receipts

3

Various receipts

Tax Reimbursement Credit

– –

– –

– –

– –

Total extraordinary receipts

– –

=========

– –

=========

– –

========

– –

========

Total actual receipts

2,555,742.00

=========

2,710,735.22

=========

405,120.41

========

250,127.19

========

C) Special accounts

4

Revolving funds

1 Working Capital Fund p.m. – – – – – –

2 Interest on the assets of the Reserve Fund for

retirement benefits (Article 67 of the Regulations)

– –

– –

– –

– –

3 Interest on the assets of the Working Capital

Fund and contributions of new member States

– –

– –

– –

– –

Total special accounts

– –

=========

– –

=========

– –

========

– –

========

Total actual receipts

2,555,742.00

=========

2,710,735.22

=========

405,120.41

========

250,127.19

========

12. UNIDROIT 2025 – Accounts 2024

SUMMARY OF RECEIPTS

Difference ITEMS Estimate Receipts

for 2024 received more less

Estimated balance on 1 January 2024

– –

=========

391,120.41

=========

391,120.41

========

– –

========

A) Ordinary receipts

2,555,742.00

=========

2,319,614.81

=========

– –

========

236,127.19

========

B) Extraordinary receipts

– –

=========

– –

=========

– –

========

– –

========

Total actual receipts

2,555,742.00

=========

2,710,735.22

=========

391,120.41

========

236,127.19

========

C) Special accounts

– –

=========

– –

=========

– –

========

– –

========

Total receipts

2,555,742.00

=========

2,710,735.22

=========

391,120.41

========

236,127.19

========

EXPENDITURE

14. UNIDROIT 2025 – Accounts 2024

EXPENDITURE (in euro)

2024

Difference ITEMS Estimate Actual

Chap.

Art.

for 2024 Expenditure Saving Excess

A) Ordinary expenditure

1

Reimbursement of expenses

1 Governing Council and Permanent Committee 53,000.00 51,011.94 1,988.06 – –

2

3

4

Auditor

Administrative Tribunal

Committees of experts

5,000.00

p.m.

170,000.00

5,203.86

p.m.

146,209.01

– –

– –

23,790.99

203.86

– –

– –

5

6

7

Official journeys and promotion of activities

Interpreters

Representation

70,000.00

20,000.00

___8,000.00

68,349.04

27,793.56

___8,975.02

1,650.96

– –

_______– –

– –

7,793.56

___975.02

Total

326,000.00

========

307,542.43

========

27,430.01

=======

8,972.44

=======

2 Salaries and allowances:

1 Salaries of Categories A, B and C staff 1,367,520.00 1,451,425.02 – – 83,905.02

2

3

Remuneration for occasional collaborators

Tax reimbursement

15,000.00

– –

9,809.65

– –

5,190.35

– –

– –

– –

Total 1,382,520.00

=========

1,461,234.67

=========

5,190.35

=======

83,905.02

=======

carried forward 1,708,520.00 1,768,777.10

32,620.36

92,877.46

UNIDROIT 2025 – Accounts 2024 15.

2024

Difference

ITEMS Estimate Actual

Chap.

Art.

for 2024 Expenditure Saving Excess

brought forward 1,708,520.00 1,768,777.10

32,620.36

92,877.46

3 Social security charges

1 Insurance against disablement, old age and

sickness

552,972.00

531,500.23

21,471.77

– –

2

3

Accident insurance

Compensation retired members of staff

5,000.00

___2,250.00

8,786.93

___1,862.72

– –

___387.28

3,786.93

_____– –

Total

560,222.00

========

542,149.88

========

21,859.05

=======

3,786.93

======

4

Administrative expenses:

1 Stationery 10,000.00 11,121.54 – – 1,121.54

2 Telephone 15,000.00 22,950.73 – – 7,950.73

3 Postage 6,000.00 7,762.96 – – 1,762.96

4 Miscellaneous 2,000.00 2,380.08 – – 380.08

5 Printing of publications __10,000.00 ___8,588.04 __1,411.96 ______– –

Total 43,000.00

========

52,803.35

========

1,411.96

=======

11,215.31

=======

carried forward

2,311,742.00

2,363,730.33

55,891.37

107,879.70

16. UNIDROIT 2025 – Accounts 2024

2024

Difference

ITEMS Estimate Actual

Chap.

Art.

for 2024 Expenditure Saving Excess

brought forward 2,311,742.00 2,363,730.33 55,891.37 107,879.70

5 Maintenance costs

1 Electricity 20,000.00 23,356,97 – – 3,356.97

2 Heating 25,000.00 15,696.08 9,303.92 – –

3 Water 5,000.00 6,356.53 – – 1,356.53

4 Insurance of premises 12,000.00 10,994.68 1,005.32 – –

5 Office equipment 23,000.00 40,110.40 – – 17,110.40

6 Upkeep of building, public services 30,000.00 33,451.87 – – 3,451.87

7 Labour costs ___15,000.00 ___24,878.53 ________– – __9,878.53

Total 130,000.00

=========

154,845.06

=========

10,309.24

========

35,154.30

=======

6 Library

1 Purchase of books 80,000.00 58,961.39 21,038.61 – –

2 Binding 4,000.00 2,053.93 1,946.07 – –

7

8

3

1

2

3

Software

Total

Total actual expenses

Legal co-operation programme

Various reserve funds

Reserve fund for unforeseen expenditure

Reserve fund for retirement allowance for

general services staff

Reserve fund for payment of compensation to

staff who do not enjoy all the advantages

provided for in Article 7 of the

Headquarters Agreement

___30,000.00

114,000.00

=========

2,555,742.00

=========

0

==

– –

– –

– –

=========

___40,678.71

101,694.03

=========

2,620,269.42

=========

0

==

– –

– –

– –

=========

_______ – –

22,984.68

========

89,185.29

========

0

==

– –

– –

– –

========

__10,678.71

10,678,71

========

153,712.71

========

0

==

– –

– –

– –

========

carried forward 2,555,742.00 2,620,269.42 89,185.29 153,712.71

UNIDROIT 2025 – Accounts 2024 17.

2024

Difference

ITEMS Estimate Actual

Chap.

Art.

for 2024 expenditure Saving Excess

brought forward 2,555,742.00 2,620,269.42 89,185.29 153,712.71

B) Extraordinary expenditure

9 Working Capital Fund – –

– – – –

– –

10 Convening of a diplomatic Conference for the

adoption of one of the Institute’s draft

Conventions or a scientific event

____ – –

_____ – –

__ – –

___ – –

Total extraordinary expenditure 0

=========

– –

==========

0

========

0

=========

Total actual expenditure 2,555,742.00

=========

2,620,269.42

==========

89,185.29

========

153,712.71

=========

C) Special accounts

11 Revolving funds

1 Working Capital Fund p.m. – – – – – –

2 Expenditure as balanced by receipts p.m. – – – – – –

3 Interest on the assets of the Reserve Fund for

retirement pay in accordance with Article 67 of

the Regulations

– –

– –

– –

– –

4 Interest on Working Capital Fund and

contributions of new member States

– –

– –

– –

– –

5 Payment of an account of a retirement allowance

from the Reserve Fund to the last employee

enjoying this allowance

– –

– –

– –

– –

Total special accounts – –

=========

– –

==========

– –

=========

– –

========

Total expenditure

2,555,742.00

==========

2,620,269.42

==========

89,185.29

=========

153,712.71

========

18. UNIDROIT 2025 – Accounts 2024

SUMMARY OF EXPENDITURE

Difference ITEMS Estimate Actual

for 2024 expenditure Saving Excess

A) Ordinary expenditure

Chap. 1. Reimbursement of expenses

326,000.00

307,542.43

18,457.57

– –

Chap. 2. Salaries and allowances 1,382,520.00 1,461,234.67 – – 78,714.67

Chap. 3. Social security charges 560,222.00 542,149.88 18,072.12 – – Chap. 4. Administrative expenses 43,000.00 52,803.35 – – 9,803.35

Chap. 5. Maintenance costs 130,000.00 154,845.06 – – 24,845.06

Chap. 6 Library Chap. 7 Legal Co-operation programme

Chap. 8 Various Reserve Funds

Total Actual expenditure

B) Extraordinary expenditure

114,000.00 0

____________0

2,555,742.00

==========

101,694.03 0

____________0

2,620,269.42

==========

12,305.97 0

___________0

48,835.66

=========

– – 0

__________0

113,363.08

========

Chap. 9 Working Capital Fund

– –

– –

– –

– –

Chap. 10 Convening of a diplomatic Conference for the

adoption of one of the Institute’s draft

Convention or a scientific event

___ – –

__ – –

__ – –

____ – –

Total extraordinary expenditure

– –

=========

– –

=========

– –

========

– –

========

Total actual expenditure

2,555,742.00

=========

2,620,269.42

=========

48,835.66

========

113,363.08

======== C) Special accounts

Chap. 11 Revolving funds

– – ==========

– – ==========

– – ========

– – ========

Total expenditure

2,555,742.00 ==========

2,620,269.42 ==========

48,835.66 ========

113,363.08 ========

UNIDROIT 2025 – Accounts 2024 19.

GENERAL SUMMARY OF THE 2024 FINANCIAL YEAR

(in euro)

Financial year

2024

General

funds

A) Cash total at the close of

the 2023 financial year

B) Total actual receipts

C) Total actual expenditure

Credit balance for the 2024

financial year

D) Cash total at the close of

the 2024 financial year

2,319,614.81

2,620,269.42

=========

391,120.41

-300,654.61

90,465.80

20. UNIDROIT 2025 – Accounts 2024

WORKING CAPITAL FUND

2024 FINANCIAL YEAR

(in euro)

At 31.12.2023 VARIATIONS

At 31.12.2024

Increases Reductions

Sum in hand on

31.12.2023

Interest on bank

account n° xxxx

(Chap.13 – art. 4)

Contributions of new

Member States

during 2024 financial

year

Reductions in the

course of the 2024

financial year

Total variations

Sum in hand on

31.12.2024

375,670.91

375,670.91

========

=======

-283.56

-283.56

=======

375,387.35

========

EN UNIDROIT 2025

Draft Budget 2026

Original: English

July 2025

Draft Budget for the 2026 financial year

(prepared by the UNIDROIT Secretariat)

Summary Explanation of the proposed expenditure and receipts under the

2026 draft Budget

Action to be taken Formulation of observations to be transmitted to the Finance

Committee at its 100th session (Rome, October 2025)

I. INTRODUCTION

1. The first draft of the Budget, providing estimates of receipts and expenditure for the 2026

financial year prepared by the Secretariat (UNIDROIT 2025 – F.C. (99) 4), was examined by the Finance

Committee at its 99th session (27 March 2025), in accordance with Article 26 of the UNIDROIT

Regulations. Those first estimates were then submitted to the Governing Council, which at its 105th

session, established the draft Budget for 2026, as set forth in the Annex to this document, taking

into account the opinion expressed by the Finance Committee.

2. The draft Budget is now transmitted to Member States, for their review and comments, which

should be submitted to the Secretariat by 15 September 2025. Thereafter, the draft Budget will be

submitted, together with any comments received by the Secretariat, to the Finance Committee, for

consideration at its 100th session, to be held in October 2025. The Committee will at that time

formulate its final opinion on the draft Budget before its submission for consideration and adoption

to the General Assembly at its 85th session, to be held in Rome on 11 December 2025.

2. UNIDROIT 2025 – Draft Budget 2026

ANNEXE

DRAFT BUDGET FOR THE 2026

FINANCIAL YEAR

UNIDROIT 2025 – Draft Budget 2026 3.

RECEIPTS (in Euro)

Budget 20251 Budget 2026

Chapter 1: Contributions of Member States

Art. 1 (Member States’ Contributions) 2,412,574.00 2,453,900.002

Chapter 2: Other receipts

Art. 1 (Interest) 0.00 0.003

Art. 2 (Contributions to overhead expenses) 15,000.00 15,000.004

Art. 3 (Sale of publications) 45,000.00 45,000.005

Art. 4 (Aviareto) 23,000.00 23,000.006

Total receipts 2,495,574.00 2,536,900.00

EXPLANATORY NOTES TO THE DRAFT BUDGET – RECEIPTS

1 The numbers given in this column correspond to those found in the Budget for 2025 approved

by the Finance Committee at its 98th session on 24 October 2024 (see UNIDROIT 2024 – F.C. (98) 6)

and subsequently approved by the General Assembly at its 84th session in Rome on 12 December

2024 (see UNIDROIT 2024 – A.G. (84) 6).

2 The expected amount of contributions of Member States for 2026 corresponds to the UNIDROIT

Contributions Chart approved by the General Assembly at its 82nd session (Rome, 14 December 2023)

(see UNIDROIT 2023 – A.G. (82) 9 and A.G. (82) 11) and based on the expectation that arrears in

Member State contributions would be reduced.

3 The Secretariat estimates the interest earned on deposits in checking accounts to be close to

zero again for 2026.

4 This sum represents the share of the Office for Italy and San Marino of the International

Labour Organization in the operating expenses of the premises of UNIDROIT.

5 The Secretariat estimates the receipts from the sale of publications in 2026 to be

approximately the same as in 2025.

6 UNIDROIT expects to receive in 2026 a payment of USD 25,000 from Aviareto, the International

Registry under the Aircraft Protocol to the Cape Town Convention, in accordance with a renewed

licencing agreement by which UNIDROIT is to provide an electronic version of the revised fifth edition

of the Aircraft Protocol Official Commentary by Sir Roy Goode for Aviareto to make available to users

of the International Registry.

4. UNIDROIT 2025 – Draft Budget 2026

EXPENDITURE (in Euro)

Budget 20251 Budget 2026

Chapter 1 – Meeting costs and official travel2

Art. 1 (Governing Council and Permanent Committee) 53,000.00 53,000.00

Art. 2 (Auditor) 5,000.00 5,200.00

Art. 3 (Administrative Tribunal)

Art. 4 (Committees of Experts) 140,000.00 140,000.00

Art. 5 (Official journeys and promotion of activities) 45,000.00 45,000.00

Art. 6 (Interpreters) 18,000.00 10,000.00

Art. 7 (Representation) 6,000.00 6,000.00

Subtotal 267,000.00 259,200.00

Chapter 2 – Salaries and allowances3

Art. 1 (Salaries of Categories D, P and GS staff and

consultants)

1,385,328.00 1,450,000.00

Art. 2 (Remuneration for occasional collaborators) 10,000.00 10,000.00

Art. 3 (Tax reimbursement) 0.00 0.00

Subtotal 1,395,328.00 1,460,000.00

Chapter 3 – Social security charges4

Art. 1 (Insurance against disablement, old age, and

sickness)

552,567.00 530,000.00

Art. 2 (Accident insurance) 9,000.00 8,800.00

Art. 3 (Compensation for retired members of staff) 1,900.00 1,900.00

Subtotal 563,467.00 540,700.00

Chapter 4 – Administrative expenses5

Art. 1 (Stationery) 10,000.00 10,000.00

Art. 2 (Telephone, fax, and Internet) 14,400.00 18,000.00

Art. 3 (Postage) 6,000.00 6,000.00

Art. 4 (Miscellaneous) 2,000.00 2,000.00

Art. 5 (Printing of publications) 8,000.00 8,000.00

Subtotal 40,400.00 44,000.00

Chapter 5 – Maintenance costs6

Art. 1 (Electricity) 20,000.00 20,000.00

Art. 2 (Heating) 20,000.00 15,000.00

Art. 3 (Water) 5,000.00 5,000.00

Art. 4 (Insurance of premises) 11,000.00 11,000.00

Art. 5 (Office equipment) 21,379.00 20,000.00

Art. 6 (Upkeep of building, public services) 25,000.00 25,000.00

Art. 7 (Labour costs) 15,000.00 25,000.00

Subtotal 117,379.00 121,000.00

Chapter 6 – Library7

Art. 1 (Purchase of books) 80,000.00 80,000.00

Art. 2 (Binding) 2,000.00 2,000.00

Art. 3 (Software) 30,000.00 30,000.00

Subtotal 112,000.00 112,000.00

Total expenditure 2,495,574.00 2,536,900.00

UNIDROIT 2025 – Draft Budget 2026 5.

EXPLANATORY NOTES TO THE DRAFT BUDGET - EXPENDITURE

1 The numbers given in this column correspond to those found in the Budget for 2025 approved

by the Finance Committee at its 98th session on 24 October 2024 (see UNIDROIT 2024 – F.C. (98) 6)

and subsequently approved by the General Assembly at its 84th session in Rome on 12 December

2024 (see UNIDROIT 2024 – A.G. (84) 6).

2 Purpose of expenditure: to cover travel and subsistence expenses incurred by the

Members of the Governing Council and of the Permanent Committee in their attendance of sessions

of those bodies; the fees due to the auditor appointed by the General Assembly; the costs of hearings

of the Administrative Tribunal, registrar services, and sums awarded by the Tribunal for settlement

of claims; the costs incurred by UNIDROIT in organising meetings of committees of experts and other

meetings associated with UNIDROIT’s Work Programme; the travel and subsistence expenses incurred

by representatives of UNIDROIT, members of staff, and collaborators in connection with the attendance

of meetings of other organisations with which UNIDROIT cooperates, as well as missions intended to

further awareness of UNIDROIT’s work in general and, where appropriate, to encourage accession to

the Statute of the Organisation; the cost of simultaneous interpretation at meetings held by UNIDROIT;

and the cost of representation functions, such as receptions and similar events organised by UNIDROIT

in connection with its meetings.

Compared to the Budget for 2025, the Secretariat is forecasting a decrease in expenditure

with respect to Article 6 (Interpreters) given that the Secretariat aims at using online simultaneous

translation services instead of in-person interpreters for short meetings (e.g., the meetings of the

Finance Committee).

3 Purpose of expenditure: to cover the salaries and allowances of the professional,

administrative, secretarial and library members of UNIDROIT staff, as well as remuneration of

consultants.

With respect to Article 1 (Salaries of Categories D, P and GS staff and consultants), the

Secretariat deems it prudent to forecast an increase of approximately 5% in order to reflect the

annual increase in salaries due to the design of the salary system and considering the evolution of

expenditure for salaries in recent years.

4 Purpose of expenditure: insurance coverage of staff members against disability, old age,

sickness, and accidents, in accordance with the UNIDROIT Regulations. Article 3 concerns payments to

one retired member of staff to cover the periods, in the past, during which he was not covered for

social security purposes.

With respect to Article 1 (Insurance against disablement, old age, and sickness), the

Secretariat estimates that expenditure would be lower than in the Budget for 2025 given the relative

increase in the number of consultants, for which no social security contributions are due.

With respect to Article 2 (Accident insurance), the estimated expenditure at EUR 8,800.00 is

in line with the actual expenditure under this budget line in recent years.

5 Purpose of expenditure: to cover ordinary running expenses of UNIDROIT (purchase of

stationery, telephone charges, postage of materials and correspondence, etc.). With respect to

Article 2 (Telephone, fax, and Internet), the Secretariat estimates that the costs will amount to

approximately EUR 18,000.00 considering the recently established increase in internet capacity to

facilitate online meetings.

6 Purpose of expenditure: to cover utility fees (electricity, water, and gas bills), building

maintenance costs (insurance, ordinary repairs for the building, maintenance of elevators) and

charges for municipal services (i.e., waste disposal). The Secretariat proposes to increase Article 7

6. UNIDROIT 2025 – Draft Budget 2026

(Labour costs) by EUR 10,000.00 considering the higher actual expenditure under this budget line in

recent years.

7 Purpose of expenditure: to cover the cost of acquisitions for the Library’s stock of books

and the maintenance of its subscriptions to law journals, binding of periodicals and subscriptions to

electronic journals and databases. No change is proposed for 2026.

VIA PANISPERNA, 28 – 00184 ROMA – ITALIA – TEL.: (+39) 06 69 62 11 – FAX (+39) 06 69 94 13 94 [email protected] – http://www.unidroit.org

Our refce: FCo/915

NOTE VERBALE

The International Institute for the Unification of Private Law (UNIDROIT) presents its

compliments to the Embassies of its Members States in Italy and has the honour to transmit herewith

the draft Budget for the 2026 financial year.

In accordance with Article 26 of the Regulations of UNIDROIT, the Governments of its Member

States are kindly invited to formulate observations on the draft Budget and to transmit them to the

Secretariat by 15 September 2025, so that they may be taken into consideration by the Finance

Committee at its 100th session to be held in Rome in October 2025. At that time, the Finance

Committee will be called upon to express its opinion on the Accounts 2024 (also attached) and the

draft Budget for the attention of the General Assembly at its 85th session to be held in Rome on 11

December 2025.

UNIDROIT further has the honour to inform the Embassies of its Member States in Italy that

the Report of the Finance Committee on the work of its 99th session, which was held in Rome on 27

March 2025 (document F.C. (99) 6), as well as the summary conclusions of the Governing Council

on the work of its 105th session, which was held in Rome on 20-23 May 2025 (document C.D. (105)

Misc. 3), are available on UNIDROIT’s website for consultation.

UNIDROIT would be grateful if the Embassies of its Members States in Italy could kindly

communicate the contents of this Note Verbale, as well as its enclosures, to the competent Authorities

of their Government.

Rome, 24 July 2025

To the Embassies of its Members States in Italy

ROME

VIA PANISPERNA, 28 – 00184 ROMA – ITALIA – TEL.: (+39) 06 69 62 11 – FAX (+39) 06 69 94 13 94 [email protected] – http://www.unidroit.org

GAs/916

NOTE VERBALE

The International Institute for the Unification of Private Law (UNIDROIT) presents its

compliments to Embassy of the Republic of Estonia in Italy and has the honour to inform that the

85th Session of the General Assembly

will be held in Rome at the seat of the Institute, Via Panisperna 28,

on Thursday 11th December 2025, from 9 a.m. to 5 p.m.

Under the terms of Article 5 of the UNIDROIT Statute, the Governments, other than that of

Italy, are represented by their diplomatic representatives or persons deputed by them.

The annotated draft agenda of the session is enclosed herewith. The documentation for the

session will be circulated following the 100th session of the Finance Committee, which will be held in

October 2025.

UNIDROIT has the honour to inform the Embassy of the Republic of Estonia in Italy that a

buffet lunch reception will be offered at the Institute for the attending Representatives.

UNIDROIT would be grateful if the Embassy of the Republic of Estonia in Italy would kindly

communicate the contents of this Note Verbale as well as its enclosure to the competent Authorities

of its Government.

Rome, 25 July 2025

To the Embassy of the Republic of Estonia in Italy

ROME

VIA PANISPERNA, 28 – 00184 ROMA – ITALIA – TEL.: (+39) 06 69 62 11 – FAX (+39) 06 69 94 13 94 [email protected] – http://www.unidroit.org

Our refce: FCo/915

NOTE VERBALE

The International Institute for the Unification of Private Law (UNIDROIT) presents its

compliments to the Embassies of its Members States in Italy and has the honour to transmit herewith

the draft Budget for the 2026 financial year.

In accordance with Article 26 of the Regulations of UNIDROIT, the Governments of its Member

States are kindly invited to formulate observations on the draft Budget and to transmit them to the

Secretariat by 15 September 2025, so that they may be taken into consideration by the Finance

Committee at its 100th session to be held in Rome in October 2025. At that time, the Finance

Committee will be called upon to express its opinion on the Accounts 2024 (also attached) and the

draft Budget for the attention of the General Assembly at its 85th session to be held in Rome on 11

December 2025.

UNIDROIT further has the honour to inform the Embassies of its Member States in Italy that

the Report of the Finance Committee on the work of its 99th session, which was held in Rome on 27

March 2025 (document F.C. (99) 6), as well as the summary conclusions of the Governing Council

on the work of its 105th session, which was held in Rome on 20-23 May 2025 (document C.D. (105)

Misc. 3), are available on UNIDROIT’s website for consultation.

UNIDROIT would be grateful if the Embassies of its Members States in Italy could kindly

communicate the contents of this Note Verbale, as well as its enclosures, to the competent Authorities

of their Government.

Rome, 24 July 2025

To the Embassies of its Members States in Italy

ROME

VIA PANISPERNA, 28 – 00184 ROMA – ITALIA – TEL.: (+39) 06 69 62 11 – FAX (+39) 06 69 94 13 94 [email protected] – http://www.unidroit.org

GAs/916

NOTE VERBALE

The International Institute for the Unification of Private Law (UNIDROIT) presents its

compliments to Embassy of the Republic of Estonia in Italy and has the honour to inform that the

85th Session of the General Assembly

will be held in Rome at the seat of the Institute, Via Panisperna 28,

on Thursday 11th December 2025, from 9 a.m. to 5 p.m.

Under the terms of Article 5 of the UNIDROIT Statute, the Governments, other than that of

Italy, are represented by their diplomatic representatives or persons deputed by them.

The annotated draft agenda of the session is enclosed herewith. The documentation for the

session will be circulated following the 100th session of the Finance Committee, which will be held in

October 2025.

UNIDROIT has the honour to inform the Embassy of the Republic of Estonia in Italy that a

buffet lunch reception will be offered at the Institute for the attending Representatives.

UNIDROIT would be grateful if the Embassy of the Republic of Estonia in Italy would kindly

communicate the contents of this Note Verbale as well as its enclosure to the competent Authorities

of its Government.

Rome, 25 July 2025

To the Embassy of the Republic of Estonia in Italy

ROME