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International Commercial Arbitration Guide: National Arbitration Statutes

National Arbitration Statutes

An important component to a successful arbitration is a statute receptive to arbitration in the country where the proceeding is seated. A distinction is often made in a nation's laws between domestic arbitrations, in which states tend to maintain a firmer hand through the court systems, and international arbitration, in which actors engaging in sophisticated commercial transactions are freer to agree upon their own rules. A listing of national arbitration laws is available on the Lex Mercatoria Web site.

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