Policy for International Arbitration Centers
- Expanding the jurisdiction of the Arbitration Council; allowing international arbitration centers to have jurisdiction to resolve all disputes by agreement of the parties related to investment and business contracts, except for certain specific cases concerning administrative decisions, labor, personal rights, and issues already resolved by judgments or decisions of competent authorities.
- Allowing disputing parties the right to agree to waive the right to request the Court to annul the decision recognizing the agreement of the parties or the legally effective arbitration award of the Arbitration Council of the International Arbitration Center.
