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  [essays and dissertation][Law][International Business Law]International Commercial Arbitration in Net Era论文



论文编号: lw200701122156202784
论文属性: essay
论文语言:English
论文国家:U.K.
登出日期: 2007-01-12  
字数: 2000
源程序: 无
价格: 免费论文
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关键词搜索:International Commercial Arbitration   Net Era   
 
a on 21 April 1961, the main purpose of that convention was to facilitate the efficiency of arbitration within Europe and in particular between the Western and Eastern European countries. The States from the Middle East have also been willing to cooperate between them in the field of arbitration and the most developed stage of their cooperation was the execution of the Amman Convention on 14,April 1987. We can find out that the conventions that deal with the enforcement of the international arbitration award almost cover all over the world. Such widely conventions set up the confidence to the international arbitration in the international business community and make international arbitration much more popular.


There are also some other obvious advantages, such as private, finality and less cost. Generally speaking, The international arbitration is hold in private, which will be benefit for the resolution of the disputes. Both parties can have a friendly talk. Compared with the common litigation, the arbitration should be finality. Both parties should enforce the award once it be issued. Also the fee for international arbitration usually is cheaper than international litigation.


In fact the international arbitration institutions are playing more and more important roles in the solving the international disputes. The international arbitration institutions also try their best to modify their own rules to catch more shares. With the development of the Asia-Pacific econ英语论文网 【http://www.51lunwen.org】omy, more and more international commerce dispute arise. Since 1994, the Hong Kong international Arbitration centre (HKIAC) and the China international economic Trade and Arbitration Commission (CIETAC) together have processed approximately 1000 new cases a year, with the vast majority being disputes between foreign parties. In 1991, Singapore established the Singapore international arbitration Centre. To compete for a greater share of the international arbitration SIAC prints its communications and awards in both Chinese and English, what?s more it adopted the international arbitration act (IAA), which is based on the 1985 Model law on international commercial arbitration published by the united nations commission on international trade law.


From the above introduction, we can find out that the international arbitration play the important role in the international business and every international commercial arbitrational institution try its best to develop its share in the international arbitration, but the way seems almost the same. They always pay attention to the parties?autonomy. They continuously modify the rules for arbitration so as to give the more choice to the parties to decide. To some degree, the measure took some effect. But there are not some inherent changes. It is well known the party autonomy is the basic advantage for the arbitration. So if one institution wants to increase its share in the international arbitration, it has to find out the existing re 本文来自:英语论文网 【http://www.51lunwen.org】
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