Drafting an arbitration clause: Preliminary questions

In the previous eight chapters, the settlement of international business disputes by way of arbitration has been emphasized. This method of dispute resolution is the one most often used by business people. In fact, today, it is virtually the rule in international trade and therefore the use of some kind of dispute resolution clause in contracts is strongly recommended. As previously mentioned, there cannot be arbitration without an arbitration agreement – so it is necessary for the parties to draft an arbitration agreement in their contract. The next section will deal only with the drafting of arbitration agreements, and not with agreements referring to State courts.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions