What is international arbitration and when is it used?

International arbitration is an effective means of resolving commercial disputes between parties in different countries, without having to resort to local courts.

Advantages of international arbitration:
Neutrality:
International arbitration allows disputes to be resolved without the bias that may occur in local courts.
Speed ​​and efficiency:
Compared to traditional judicial procedures, international arbitration is characterized by its speed and flexibility.
Confidentiality:
Arbitration ensures complete confidentiality, protecting the parties’ reputations and trade secrets.
When is international arbitration used?
In cross-border commercial disputes.
When international agreements include an arbitration clause.
In international partnership contracts that require a neutral dispute resolution mechanism.
Conclusion:

International arbitration is an ideal option for companies seeking to resolve disputes effectively and quickly, while maintaining privacy and neutrality.