
Vienna International Arbitral Centre
The Vienna International Arbitral Centre (VIAC) is an organization based in Vienna that helps resolve international business disputes through arbitration. Arbitration is a process where parties agree to settle disagreements privately, outside of courts, with a neutral third party making a binding decision. VIAC provides rules, procedures, and a panel of experienced arbitrators to facilitate efficient and fair resolution of conflicts across borders. It is widely recognized for its neutrality, expertise, and support for international commerce, making it a trusted venue for resolving disputes involving companies and individuals from different countries.