Our site provides a service to represent clients and assist them in drafting the agreement contract that includes the arbitration clause. Arbitration as a method of dispute settlement is a simple and time-saving method.
Arbitration occupies an important place in settling disputes between dealers in the field of international trade because of its fairness outside the framework of the state’s judicial system. Also, amicable systems for settling disputes such as negotiation, conciliation and mediation play an important role in ending disputes. To arbitration, whether it is institutional arbitration, especially as a detailed and effective means for settling commercial and investment disputes because of its advantages and the speed and effectiveness it achieves in settling disputes, maintaining confidentiality, achieving justice and preserving rights. Attention has also begun to turn towards amicable means of settling disputes.
International arbitration is similar to litigation before domestic courts, but instead of being referred to a local court, it is conducted before special arbitrators known as arbitrators. It is a consensual, impartial, linking means of resolving international disputes, which is usually faster than domestic court proceedings.
Most international arbitration institutions provide rules governing the resolution of disputes resolved by arbitration. The most well-known arbitration rules include the International Chamber of Commerce (“ICC”), the International Center for Dispute Resolution of the American Arbitration Association (“ICDR”), the Singapore International Arbitration Center (“SIAC”) and the Hong Kong International Arbitration Centre.
