INTERNATIONAL CHAMBER OF COMMERCE TO LAUNCH NEW ARBITRATION RULES IN DOHA

Doha, – The New ICC Arbitration Rules of 2017 will be officially launched in Doha on Wednesday in an event organized by the International Chamber of Commerce Qatar (ICC Qatar) and the ICC International Court of Arbitration, a press release by ICC Qatar said.

Sponsored by Ghada M. Darwish Law Firm, the event will bring together arbitration specialists from Qatar and abroad as well as ICC representatives, the ICC Qatar added.

The event will include two panel discussions. The first panel will discuss amendments to the ICC Rules of Arbitration that have been made with the aim of further increasing the efficiency and transparency of ICC arbitrations. The revised rules apply from 1 March 2017. They provide for expedited procedure rules for cases of lower value. The main changes will be introduced with a strong focus on features of the expedited procedure including substantive and procedural aspects.

The second panel will explore to what extent the new Qatar arbitration law will address the remaining challenges in international arbitration and particularly in ICC proceedings. Qatar has been one of the fastest growing arbitration jurisdictions in the region with Qatari parties increasingly opting for ICC arbitration. The new arbitration law will further strengthen Qatar as a hub of arbitration. (QNA)

Source: Qatar News Agency