
"International Arbitration in the Twenty-First Century"
"International Arbitration in the Twenty-First Century" refers to the modern methods businesses and parties use to resolve cross-border disputes outside traditional courts. It involves neutral arbitrators who hear both sides’ arguments and make binding decisions. This process offers confidentiality, expertise, and efficiency, making it popular for international commercial disputes. With advances in technology, globalization, and evolving legal frameworks, arbitration has become more accessible, transparent, and adaptable to new challenges, helping parties resolve disagreements efficiently while maintaining ongoing business relationships across different countries.