By M.V.A. Kumar
DOHA: The Qatar Chamber (QC) and Qatar International Center for Conciliation and Arbitration (QICCA), in co-operation with the Ministry of Justice, will organise the 2nd World Arbitration Conference on October 18 and 19, coinciding with 10th anniversary celebration of QICCA.
Addressing the media, Sheikh Thani bin Ali Al Thani, Board Member of QICCA, said the objective of the conference is to exchange expertise between global and regional arbitration centres, promote arbitration as an alternative means for settlement of trade disputes, create awareness about the benefits of arbitration such as technical competence, speed, confidentiality and simpler procedures as a means of creating an ideal investment environment, that would be in line with the Qatar National Vision 2030.
The event will be held under the patronage of Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani and in the presence of Minister of Justice H E Dr. Hassan bin Lahdan Mohanadi.
The two-day conference will discuss various topics including ‘Study of documents on national level arbitration and court verdicts’, ‘the role played by arbitration centres in the GCC in creating an attractive environment for the use of arbitration to resolve disputes’; ‘Modern trends in arbitration proceedings being practised by international arbitration centres’, ‘Integration of international conventions and national legislation to protect Qatari overseas investors’ rights’ and “The role played by a country’s courts in supporting arbitration, regulating and enforcing the outcome of arbitration.’
Sheikh Thani said the conference aimed to shed light on recent trends in commercial arbitration and highlight the independent nature of the arbitration.
He said since inception in 2006, QICCA had consistently worked to provide practical solutions to the trading and business community in Qatar and neighbouring countries.
He said, within the GCC, QICCA had adjudicated the second highest number of cases last year. The number of cases was constantly on the rise and last year itself there were deals totalling QR1bn mired in disputes and over 80 percent of this involved unforeseen issues.
The Peninsula
