International Law: Arbitration

Key Points

• The aim is to explore arbitration as a method for resolving international commercial disputes.
• Definition of arbitration
• Discussion of types of arbitration
• Examination of advantages and disadvantages
• Arbitration is defined as a private method for resolving disputes.
• Different types of arbitration are identified, offering various procedures.
• Both advantages and disadvantages of arbitration are highlighted, impacting choices for dispute resolution.