What are the steps involved in international arbitration?

International arbitration is a type of dispute resolution method used in international commercial litigation. An arbitrator is usually selected to resolve the dispute and their decision is often binding and final. The steps involved in international arbitration vary but typically involve selecting an appropriate arbitrator, selecting a location for the arbitration, establishing rules of the arbitration, and submitting arguments and evidence. First, parties involved in the dispute must agree on an appropriate arbitrator or tribunal. This could be a panel of lawyers, a single jurist, or even a panel of non-legal experts. This person will review the evidence and arguments presented and make a decision. Second, the parties decide on a location for the arbitration. This can be in the same country or a foreign country, depending on the situation. Third, the parties must agree on the rules and procedures of the arbitration. This usually involves setting deadlines for when each side must submit evidence and arguments and how the arbitration will be conducted. Fourth, each side will submit arguments and evidence in support of their position. The arbitrator will then review the evidence. Depending on the details of the arbitration, each side may have the opportunity to cross-examine witnesses or refute evidence presented by the opposing party. Finally, the arbitrator will make a decision based on the evidence and arguments presented by both parties. This decision is usually final and binding on the parties.

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What are the steps involved in international arbitration?

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