International Court of Arbitration

The International Court of Arbitration (ICA) is an institution that helps resolve disputes between parties from different countries, often related to business and trade. Instead of going to court, disputes are settled through arbitration, where an impartial panel reviews the case and makes a binding decision. This process is typically faster and more confidential than traditional legal proceedings. Established in 1923 by the International Chamber of Commerce (ICC), the ICA aims to provide a fair and efficient way to resolve international conflicts, encouraging global commerce and cooperation.