This paper will explain the function of international digital arbitration as the main method to settle disputes in investment contracts towards the place of economic stability on an international scale and business relationships in the world. Such mechanisms have already become very popular in resolving cross-border commercial disputes because of their quick work, flexible process, and neutrality. It will consider the advantages of digital arbitration as a fast course to justice over and above a long-drawn litigation procedure, more dependent on political bias and trust generation between contracting parties. Assessing the legal framework of international commercial digital arbitration, challenges in enforcing arbitral awards, and sanctions imposed upon agreement violation will complete the paper. It will, in addition, study the essentials of an digital arbitration agreement in investment dispute offers; emphasis will be made on such aspects as the clarity of the rules of digital arbitration, place of digital arbitration duly being specified, and matters to be covered by the digital arbitration. Through this review, we shall glean insights into how digital arbitration can be further strengthened as one of the instruments for ensuring fair protection of business interests alongside boosting investment confidence in the global marketplace through due process of law.

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Resolving Investment Disputes Through International Digital Arbitration

  • Yasar Alhiniti,
  • Ahmad Suliman Abu Alghanam

摘要

This paper will explain the function of international digital arbitration as the main method to settle disputes in investment contracts towards the place of economic stability on an international scale and business relationships in the world. Such mechanisms have already become very popular in resolving cross-border commercial disputes because of their quick work, flexible process, and neutrality. It will consider the advantages of digital arbitration as a fast course to justice over and above a long-drawn litigation procedure, more dependent on political bias and trust generation between contracting parties. Assessing the legal framework of international commercial digital arbitration, challenges in enforcing arbitral awards, and sanctions imposed upon agreement violation will complete the paper. It will, in addition, study the essentials of an digital arbitration agreement in investment dispute offers; emphasis will be made on such aspects as the clarity of the rules of digital arbitration, place of digital arbitration duly being specified, and matters to be covered by the digital arbitration. Through this review, we shall glean insights into how digital arbitration can be further strengthened as one of the instruments for ensuring fair protection of business interests alongside boosting investment confidence in the global marketplace through due process of law.