INTERNATIONAL CHAMBER OF COMMERCE LAUNCHES ITS NEW ARBITRATION RULES IN DOHA

Doha - The International Chamber of Commerce (ICC) has officially launched the new Arbitration Rules 2017 May in Doha, during an event co-organized by the ICC Qatar and the ICC International Court of Arbitration in the presence of ICC representatives and number of arbitration specialists from Qatar and abroad.

According to the ICC, the new Rules of Arbitration, which entered into force from 1 March 2017, aim to increase the efficiency and transparency of ICC arbitrations.

The event included two panel discussions. The first panel discussed the amendments to the ICC Rules of Arbitration that aim to further increase the efficiency and transparency of ICC arbitrations, while the second explored to what extent Qatar's new arbitration law addresses remaining challenges in international arbitration including ICC proceedings.

Commenting on the occasion, ICC Qatar Secretary-General Remy Rowhani underscored the importance of the New Qatari Arbitration Law in fostering Qatar's rapid economic growth and enhancing its position as a hub of arbitration.

He gave a presentation on the ICC, its activities in the international business community, particularly in the G20 and World Trade Organization, calling on business owners and companies to be members in ICC Qatar. (QNA)

Source: Qatar News Agency