ICC Rules of Arbitration

The ICC Rules of Arbitration are a set of formal guidelines used to resolve international disputes efficiently and fairly through arbitration. When parties agree to these rules, they select a neutral process where an independent arbitrator or panel reviews their claims, hears evidence, and makes a binding decision. The rules cover procedures like how cases are initiated, how evidence is presented, and how awards are issued. They aim to ensure the arbitration is fair, transparent, and enforceable globally, providing parties with a clear framework to settle disagreements without going to court.