اتفاق التحكيم

Abstract EN

Instead of taking their quarrels to court, it that individual sometimes turn to other people in order to arbitrate a dispute.

Hence, arbitration is a simple procedure to resolve a dispute without going to court, entrusting the dispute to one or more individuals chosen by the parties.

It is a private and profitable justice done in compliance with the principles of law.

The development and use of arbitration as a normal way of resolving disputes in international trade relations have become commonplace in the contemporary legal discourse.

Doctrine and jurisprudence claim without the situation that international commercial arbitration offer, given its particular characteristics, a more flexible legal framework and appropriate to the assessment and resolution of disputes arising in international trade relations than the one offered by state courts.

Unlike the judicial process, contractual foundation of arbitration allows parties to control several aspects of the procedure, including the appointment of arbitrators and choice of law applicable to the procedure and substance of the dispute.