…align many aspects of its legislative framework with the UNCITRAL Model Law. The result, coupled with the removal of restrictions on foreign arbitrators and lawyers participating in arbitral proceedings seated…

…25 February 2017 whereby diverse provisions on ADR mechanisms were reformed and added (i.e. Articles 25 and 73, new section XXIX-A). [2] UNCITRAL Texts & Status, https://www.uncitral.org/uncitral/en/uncitral_texts/arbitration/2002Model_conciliation_status.html [3] Roundtable held…

The last 40 years or so has experienced increased growth in the number of transactions concluded internationally, departing from classical one-shot contracts such as the simple sale of goods contract….