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A legal policy of arbitration should aim to regulate the application of international standards which are developing in an increasingly complex fashion. As the administering of arbitration cases is characterized by the gradual recognition of general standards in relation to international commercial arbitration procedure. International commercial arbitration has progressively become an autonomous discipline at the heart of the law and practices of international trade. The ICC International Court of Arbitration contributes usefully to the security and expansion of world trade. The principle of party autonomy enables the parties to an arbitration to design their arbitral proceedings to suit their particular needs. With regard to the law governing arbitral procedure, this principle grants the parties the power to select suitable procedural rules. Parties to a commercial agreement do not always exercise their right to expressly determine their own choice of law. This factor led to the development of the theory of implied choice of law whereby certain actions of the parties are deemed to manifest an intention to have their agreement regulated by a particular national law. According to this theory, the parties" intention regarding their choice of law could, in some instances, be reasonably inferred from their contractual document. International commercial arbitration involve the levels of Law: the law applicable to the arbitration agreement, which regulates the obligation of the parties to settle the dispute by arbitration. The law applicable to the reference, which governs the individual reference to arbitration. The law applicable to the arbitration proceedings, which regulates the conduct of the arbitration proceedings. The law applicable to the substance of the dispute, which determines the rights and obligation of the parties in relation to their substantive contract. General principles of conflicts of laws is based on the presumption that certain principles of conflict of laws are common to the world community, or at any rate to a majority of them. It is thus premised on the possibility of common principles from national conflict rules. There is no doubt that if there are indeed such principles that are generally accepted, they should be applied by arbitrators not only because their application would be deemed to be within the expectations of the parties, but also because their general acceptance argues the case for their application in international commercial arbitration.

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The reorganization of the global economy since the collapse of the East European bloc has spurred a global trend toward the internationalization of politics. cultures. and economics. North Korea has not been immune from this trend and has taken drastic measures intended to improve its domestic economy. as well as its international economic presence. In addition. these measures are aimed at improving the standard of living in North Korea as well as making the North Korean market more attractive to foreign investors. In 1991, North Korea"s government proclaimed the Raiin-Sonbong area a Free Economic and Trade Zone. In 1992. the government initiated economic trade relations with South Korea. and in 2002, they introduced a "Hong Kong-type" special zone in Sinuiju City. Other measures include the revision of its Constitution and the amendment of numerous foreign business related laws. In spite of these efforts. however. foreign capital still has not materialized within North Korea. Among the reasons for this predicament is the lack of clear and understandable mechanisms to settle business disputes. North Korea does not publish a complete collection of its official laws so it is difficult for foreigners to fully understand North Korea"s legal system. This makes it difficult for commercial enterprises to conduct business let alone settle disputes. However. this predicament has changed since the Constitutional revision of 1998. Rules were made clearer for North Koreans and foreign investment enterprises. and one year later. the North Korean government established the External Economic Arbitration Law ("EEAL"). The EEAL was aimed at stimulating business transactions between itself and foreign enterprisesby adding certainty to the dispute resolution process in a cost effective manner. Moreover. the EEAL seeks to confirm the commitment of the North Korean government to its other international business law obligations. The purpose of this essay is to contribute to the little commentary about North Korean commercial arbitration and the EEAL. Therefore. I survey the EEAL"s provisions, its effect on international disputes. and examine problems that may stem from this law. I also make recommendations for improving the EEAL where applicable.

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It is almost necessary that the trade claims are arisen by the parties concerned in performing international trade. So it is a serious matter for those who perform the international trade to settle the international commercial dispute. There are many ways to settle such international commercial dispute, but above all, to make the most of international commercial arbitration system is most rational and efficient for settling the dispute. So I studied about the international commercial arbitral award that seems to be the most important in performing the international trade. For this purpose, wrote an introductory remarks as a way of bringing in the point at issue in the first chapter. In chapter ¥±, studied about the general matters in the international commercial arbitration and arbitral award, such as the characteristics of the international commercial arbitration system, the definition and kinds of the arbitral award, the rights, liabilities and responsibilities of the arbitrators, the process of commercial arbitration and the present situation of the international commercial arbitration in Korea. In chapter ¥², examined about the legal aspects of the international commercial arbitration awards by referring to the Model Law on International Commercial Arbitration and the Arbitration Rules of United Nations Commission on International Trade Law(UNCITRAL), Rules of Arbitration of the International Chamber of Commerce (ICC), Uniform Arbitration Act of United States of America, Arbitration Rilles of the Commercial Arbitration and Mediation Center for the Americas(CAMCA), Arbitration Act of United Kingdom, the Code of Civil Procedure of Germany, the Code of Civil Procedure of France, the Code of Civil Procedure of Japan and the Commercial Arbitration Rules of the Japanese Commercial Arbitration Association, the Arbitration Law of Korea and the Arbitration Rules of the Korean Commercial Arbitration Board. And finally, summed up this study and singled out the conclusion in chapter ¥³.

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While doing business in China foreign companies occasionally find themselves embroiled in disputes with Chinese individuals, companies or the Chinese Government. There are three primary ways to resolve a commercial dispute in China are negotiation, arbitration and litigation. The best way of dispute resolution is negotiation as it is the least expensive method and the working relationship of both parties concerned in dispute. But negotiations do not always give rise to resolution. Arbitration is the next choice. Unless the parties concerned can agree to resort to arbitration after the dispute has arisen, the underlying contract namely, sales contract or separate agreement must show that disputes will be resolved by arbitration. Agreements to arbitration specify arbitration body and governing law. There are two Chinese government -sponsored arbitration bodies for handling cases involving at least one foreign party: China International Economic and Trade Arbitration Commission(CIETAC) and China Maritime Arbitration Commission(CMAC) for maritime disputes. Contracts regarding foreign companies doing business in China often designate CIETAC arbitration. CIETAC distinguishes between two kinds of dispute resolutions, foreign-related arbitration and domestic arbitration. For a dispute to be classified as foreign-related arbitration, one of the companies must be a foreign entity without a major production facility or investment in China. CIETAC has published rules which govern the selection of a panel if the contract does not specify how the choice of arbitration will be handled. CIETAC's list of arbitrators for foreign-related disputes, from which CIETAC's arbitrators must en chosen, includes may non-Chines arbitrators. But many foreign experts believe that some aspects of CIETAC needs to be improved. The purpose of this paper is to improve the understanding of arbitration in China, CIETAC by way of studying the current situation and improvement of international commercial arbitration in China.

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At its thirty-second session in 1999, the UNCITRAL had before it the requested note entitled 'Possible future work in the area of international commercial arbitration.' After concluding the discussion on its future work in the area of international commercial arbitration, it was agreed that the priority items for the working group should be conciliation, requirement of written form for the arbitration and enforceability of interim measures of protection. the Commission entrusted the work to the Working Group on Arbitration which held its thirty-second session at Vienna from 20 to 31 March 2000. The Working Group discussed agenda item 3 on the basis of the report of Secretary General entitled 'Possible uniform rules on certain issues concerning settlement of commercial disputes : conciliation, interim measures of protection, written form for arbitration agreement.' At its thirty-three session in 2000, the UNCITRAL had before it the report of Secretary General on agenda item 3 discussed by the Working Group. The Working Group discussed the issues relating to certain aspects of conciliation proceedings ; (1) Admissibility of certain evidence in subsequent judicial or arbitral proceedings ; (2) Role of conciliatior in arbitration or court proceedings ; (3) Enforceability of settlement agreements reached in conciliation proceedings ; (4) Other possible items for harmonized treatment : a) Admissibility or desirability of conciliation by arbitrators b) Effect of an agreement to conciliate on judicial or arbitral proceedings c) Effect of conciliation on the running of limitation period d) Communication between the conciliator and parties ; disclosure of information e) Role of conciliator. It was generally considered that decisions as to the form of the text to be prepared should be made at a later stage when the substance of prepared solutions would become clearer. However, it was noted that model legislative provisions seemed to be appropriate form for a number of matters proposed to be discussed in the area conciliation. There was general support in the Working Group for the proposition to perpare a legislative regime governing the enforcement of interim measures of protection ordered by arbitral tribunals. It was generally considered that legislative regime should apply to enforcement of interim measures issued in arbitration taking place in State where enforcement was sought as well as outside that State. It was generally observed that there was a need for provisions which conformed to current practice in international trade with regard to requirements of written form for arbitration agreement. The view was adopted by the Working Group that the objective of ensuring a uniform interpretation of the form requirement that responded to the needs of international trade could be achieved by : preparing a model legislative provision clarifying, for avoidance of doubt, the scope of article 7(2) of the UNCITRAL Model Law on International Commercial Arbitration : and adopting a declaration, resolution or statement addressing the interpretation of the New York Convention that would reflect a broad understanding of the form requirement. There was general agreement in the Working Group that, in order to promote the use of electronic commerce for international trade and leave the parties free to agree to the use of arbitration in the electronic commerce sphere, article II(2) of the New York Convention should be interpreted to cover the use of electronic means of communication as defined un article 2 of the Model Law on Electronic Commerce and that it required no amendment to do that. The UNCITRAL may wish to consider to the desirability of preparing uniform provisions on any of those issues concerning conciliation and arbitration proceedings, possibly indicating whether future work should be towards a legislative text or non-legislative text.

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China is the largest market for goods and investments to South Korean companies as well sa foreign companies and the transactions between South Korea and China are expected to increase. When a dispute broke in China , foreign companies, including Korean companies in China are facing many difficulties. And this kind of dispute tends to increase with the increase of transactions. International commercial disputes because a lot of restrictions follow suit in the country's courts to resolve the situation to resolve by arbitration re - introduction authorized by the UN Convention. Following the Foreign Trade Arbitration Commission for arbitration procedure to install the Commission to establish temporary rules. Most of the positions arbitration in accordance with the addresses of the parties domestic arbitration and international classified as intervention to proceed with the arbitration proceedings as of this party in China in the Chinese territory in a country that is, the domestic mediation and negotiation, depending on whether the residence castle Arbitration (International Arbitration) distinguished by conducting an arbitration procedure, but that does not seem worthy of international trust so far in the last 30 years in international transactions or disputes often. Therefore, authors in China has led to the largest international trade in the global village, but disputes arising from international trade are such that solving the drunk easy to see that the situation is leaking and the title part that created difficult by the procedure, depending on the intervention agencies of foreign countries By concentrating on reliability issues with the lack of mediation and arbitration procedures and institutions in China to study. Especially effective issue for the pre-arbitration settlement and post-arbitration agreement based on the contents of Arbitration of China pose a mediation process, selected problems of the arbitrator, national or compared to international standards with respect and recognition and enforcement issues in the court for the court of a foreign its relevance to the problem together and analyzed the arbitration institution in China to Southeast Asian countries, as well as continued contributes most trusted arbitration institution in the global village has a purpose of the present study. This study consists of five chapters , Content of each chapter is as follows . Chapter 1 is the introduction of this study. In chapter 1 pbjective, method and scope of research were described. Chapter 2 Analysis development process and the status of China arbitration system, the organization and the way they operate China arbitration institutions Chapter 3 By analyzing Features and arbitration cases summarized China Arbitration System question China's arbitration system Chapter 4 Through the above to find arbitration System problem and cietac arbitration procedures of the organization, and show improvement program Chapter 5 Summarized this thesis and made a conclusion

[ÇØ¿Ü³í¹®]

This article seeks to review the international commercial courts that are being established around the world and to assess their potential relationship with the international investment court system being pursued by the EU and others. It seeks to analyze the future and prospects of international commercial courts upon the international dispute resolution system, particularly in comparison with the prevailing system of international arbitration and also the investment court system. The borders between litigation by courts and arbitration by arbitral tribunal continue to become less clear. Overall, international commercial courts should be considered as adding to the ecosystem of international dispute resolution rather than competing with other traditional forms such as international arbitration. New forms of international commercial courts may continue to evolve to expand beyond their current jurisdictional boundaries to possibly have an impact on the investment court system.

[±¹³»³í¹®]

Since the Start of WTO in 1995, world trade volume was substantially increased as much as over $250 billion by lifting the trade barriors This effect brought new problem of increasing disputes. Significantly an ever increasing atention is paid to the Question of means and procedures of settling such disputes by arbtration. The problem of arbitration has indeed become most popular with all those who take interest in legal aspects of international cooperation in various spheres. In practice arbitration seems to renovate its function to take over new disputes arising from electronic transaction such as internet trade. Looking at the actual use of arbitration, its merits than litigation should cover new aspect concerning new kind of claims caused by new type of transaction. The efficient procedure for dispute will help every country save loss of profit by the delay of settlment. This thesis aims to facilitate the appearence of more efficient arbitration procedure for dispute settlment system.

[±¹³»³í¹®]

º»°í´Â µ¿³²¾Æ½Ã¾Æ ±¹°¡ °¡¿îµ¥¿¡¼­µµ °æÁ¦¼ºÀåÀáÀç·Â°ú ¹ßÀü°¡´É¼º¿¡¼­ µÎ°¢À» ³ªÅ¸³»°í ÀÖ´Â ±¹°¡·Î¼­ º£Æ®³²»çȸÁÖÀǰøÈ­±¹¿¡ °üÇÏ¿© »ìÆìº¸°í ÀÖ´Ù. ¹«¿ª°ú ÅõÀÚ¿¡ °üÇÑ Åë°èÁöÇ¥¸¦ »ìÆìº¼ °æ¿ì¿¡µµ ¿ì¸®³ª¶óÀÇ ´ëÇ¥ÀûÀÎ ¹«¿ª ¹× ÅõÀÚ±¹°¡ ¼øÀ§¸¦ Â÷ÁöÇϰí ÀÖ´Â º£Æ®³²°úÀÇ °ü°è¸¦ »ìÆìº¸¸é¼­ ƯÈ÷ ±¹Á¦»ó°Å·¡¿¡¼­ÀÇ »ó»çºÐÀïÀÇ ÇØ°á¿¡ °üÇÑ ÁßÀçÁ¦µµ¸¦ »ìÆìº¸°í ÀÖ´Ù. º£Æ®³²ÀÇ »ó»çÁßÀç¹ýÀÌ Á¦Á¤µÈ ½Ã±â°¡ 10¿©³â¿¡ ºÒ°úÇϱ⿡ ±¹Á¦»ó»çÁßÀçÁ¦µµ¿¡¼­ ³ªÅ¸³ª´Â ±¹Á¦Àû °æÇâ°ú Ãß¼¼¿Í ºñ±³ÇÏ¿© ¿©ÀüÇÑ ¹®Á¦¸¦ ¾È°í ÀÖ´Â º£Æ®³²ÀÇ ÁßÀçÁ¦µµ¸¦ Á÷½ÃÇϰíÀÚ ÇÑ´Ù. À̸¦ »ìÆì º£Æ®³²°úÀÇ »ó»çºÐÀïÇØ°áÀ» À§ÇÑ ÁßÀçÁ¦µµÀÇ Á¦µµÀû Ư¼º°ú ÇÔ²² ÁÖ¿ä ¹ýÁ¦¿¡ ´ëÇÑ ÀÌÇØ¸¦ µµ¸ðÇÔ°ú ¾Æ¿ï·¯ »çȸÁÖÀǰøÈ­±¹À¸·Î¼­ º£Æ®³²ÀÇ Á¤Ä¡°æÁ¦Àû ¼º°ÝÀ» °í·ÁÇÑ ºÐÀïÇØ°á¿¡¼­ÀÇ »ó»çÁßÀçÁ¦µµÀÇ ±¹Á¦Àû ¼º°Ý°ú ±¸º°µÇ´Â ÇѰè¿Í ±× ´ë¾ÈÀ» ¸ð»öÇØ º½À¸·Î½á ¿ì¸®³ª¶ó¿Í º£Æ®³²ÀÇ µ¿¹Ý°æÁ¦¼ºÀå°ú ¹ßÀüÀ» À§ÇÑ ºÐÀïÇØ°áÁ¦µµ¿¡¼­ÀÇ ÀÌÇØ¸¦ µµ¸ðÇϰíÀÚ ÇÑ´Ù.

[±¹³»³í¹®]

Arbitration plays a most important role in international trade today. The System of Korean International Commercial Arbitration is to be governed by the Arbitration Law and the Arbitration Rules of KCAB newly changed. A number of questions against controvertible issues which are not expressly stipulated in the Law and Rules may be arisen in practice. The aims of this study are to answer the questions, and then to make criterions of interpretation on them clear under the methods of research adapted here.

[±¹³»³í¹®]

Cross border transaction have brought needs for search and comparisons on dispute resolution and the judicial systems about the development countries. Indonesia among the south east Asian Countries is expected to be a brightist economic nation potentially.Arbitration in Indonesia is governed by the arbitration law which came into force on 1999. And the rules of BANI, the Indodesian national bard of arbitration have been revised more close to the standard rules for international commercial disputes systems in 2020 which is the result of many draft and revisions a number of different sources. It looks around the similarity in arbitral principles and practional dispute resolutions systems deal broadly on dispute resolution mechanism and judicial laws available and the BANI arbitration institute on the international commercial arbitration on the Indonesian arbitrational laws and rules. However there are lots of differences articles of the law on the binding opinion by an arbitration institution or the contain elements in the valuable arbitration award for a heading words based on belief in the Almighty God, compare Indonesia Arbitration Law with the provisions of the UNCITRAL Model Law on Arbtration and the arbitral laws of foreign countries.The purpose in this paper is to make good opportunities for increasing economic scope and volume of business relationships with Indonesia based on the problems and alternatives in the international commercial dispute resolution systems.

[±¹³» ÇÐÀ§³í¹®]

Economic exchange of Korea and China has shown steady increase and made drastic advancement. However, due to difference in languages, customs, legalities and etc between the countries, there are frequent cases of having various conflicts between parties. Because of insufficient prior knowledge and lack of experience on dispute resolution plans, there are many cases where prompt and accurate response plans are unavailable to solve issues. This is attributable to the fact that the trade volume has been expanded with diversified trade types between Korea and China in recent days, as well as having even more complex causes and tendencies in trade disputes thereof. Under the situation, this study has aimed at analyzing the causes of trade disputes and solution plan for businesses with the focus on export and import transactions of Korea and China and preventing disputes that may occur in trade transactions as well as systematically managing trade claims for companies of both countries. And, it has also purported to come up with plans to efficiently encounter with conditions and disputes to place importance in trade transactions for businesses in both countries.
 In order to break away from transactional dispute of countries or minimize such a dispute, it is important to seek for preventive measures in advance. It is important to acquire advance knowledge and careful advance investigation on credibility. In addition, make sure to prepare the trade contract to prepare for possible future claims. When preparing the contract, careful attention has to be paid on the basis of professional knowledge on pertinent conditions on transactions in a way of preventing any trade dispute from lack of understanding on terms and conditions of the contract. In addition, the arbitration provision pertinent to the dispute should be inserted on the trade contract and the stipulation on the resolution plan on dispute in details should be made. There is a dear need to establish and implementation for pertinent preventive measures, such as, fully undertaking quality control that is usually the cause of disputes. For this purpose, it requires advancement of professionals on trade dispute and continuous education on working level personnel in trade.
 In trading with China, more than anything else, parties to transactions should fully understand the arbitration provisions of China and Korea and apply such provision well. However, they do not fully aware on the system and arbitration system of China, a socialist country, and because of this, wrong decisions have been made. In addition, when entering into the arbitration contract, it has to consider the case for arbitration and litigation to cause difficulty of preparing accurate contract phrases on the contract seriously that there are many cases of having adverse interests in arbitration and litigation.
 When preparing the contract, a third-party arbitrator is required to select on the arbitration provision, each party shall select one arbitrator at the time of preparing the stipulation on the arbitration provision for trade transaction with arbitrating country, and the two selected arbitrators are selected with third party arbitrator, but the arbitration is enticed to hold in Korea to minimize the complaints of parties and the arbitration should be made in more advantageous position than having the commercial disputes.
 In addition, by selecting the arbitration provision depending on the position of the contract, the contents of contracts that Korean companies consider lightly and neglect easily should be inserted with arbitration provisions following the position of the contract. In particular, the arbitration provision of the Korean Commercial Arbitration Board(KCAB) is inserted in the contract to prevent having the arbitration in China where there is no authority to say for arbitrator selection and excluding the ambiguous or unrealized arbitration provision in a way of minimizing the possibility not to have the China International Economic and Trade Arbitration Commission(CIETAC) not to handle cases due to ambiguous contents of the arbitration provisions that it would be wise method to minimize the difficulties and unfairness from the commercial disputes at a later time.

[±¹³»³í¹®]

This article seeks to review the international commercial courts that are being established around the world and to assess their potential relationship with the international investment court system being pursued by the EU and others. It seeks to analyze the future and prospects of international commercial courts upon the international dispute resolution system, particularly in comparison with the prevailing system of international arbitration and also the investment court system. The borders between litigation by courts and arbitration by arbitral tribunal continue to become less clear. Overall, international commercial courts should be considered as adding to the ecosystem of international dispute resolution rather than competing with other traditional forms such as international arbitration. New forms of international commercial courts may continue to evolve to expand beyond their current jurisdictional boundaries to possibly have an impact on the investment court system.

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