Introduction to International Arbitration

Abstract

Arbitration is one of the ways to settle disputes. Compared to disputes between domestic entities, international business disputes shave extra problems including various jurisdictions, diverse legal systems and tradition, different procedures and often involving more than one language. The disputes arising out of commercial transactions and investment transactions conducted across national boundaries and it allows the parties to bypass litigation in their national courts. The aim of the researcher is to understand international arbitration and its scope. Secondly, the paper also focuses on the types and different centers of international arbitration. The present paper was analyzed through the doctrinal research methodology.