ICC (International Chamber of Commerce) Arbitration

ICC Arbitration, governed by the International Chamber of Commerce, is a process for resolving international commercial disputes outside courts. When businesses from different countries disagree, they agree to submit their conflict to an impartial arbitration panel, whose decision is binding. This process offers a neutral, efficient, and flexible method for resolving disputes, often with confidentiality and enforceability across borders. The ICC provides the procedural rules and appoints arbitrators, helping ensure a fair arbitration that facilitates international trade and investment by reducing uncertainty and legal complexity.