This contribution aims to describe shortly the views of the ICC International Court of Arbitration and the perspectives of the ICC arbitration system in the Arab world.' The number of conferences on this topic, in which I have participated since I took over the Chairmanship, shows that this theme is not new and is, I must say, an important one. I would like to start with a few statements: 1. The ICC International Court of Arbitration is present in the Arab world. ICC arbitration exists since 1923 and it has spread to all parts of the world, long before the creation of new arbitration institutions, the so-called new arbitration centres. This is also true for the Arab world where, as is shown in data that are regularly published, the ICC is strongly present. 2. The interest for arbitration in the Arab world is increasing. We are all observing an incredible development of economies in the Arab world. Inevitably, this is linked with an increasing interest for international arbitration. Of course, arbitration has for centuries belonged to the ancestral tradition of the Arab civilisation. It is not arbitration that is new, but international arbitration as it is now understood.
Journal of World Investment and Trade – Brill
Published: Jan 1, 2008