In one world increasingly interconnected with more open economies and with a greater complementarity of markets, trade transactions are increased in number and complexity. effrey L. Bewkes, and add to your knowledge base. In parallel, the international business community uses the recourse to arbitration as highly appropriate instrument, not only to resolve conflicts, but also to prevent them. Type arbitration agreements are being implemented. At Samsung you will find additional information. Awards or arbitral awards demonstrate their reliability before recognition and execution in most parts of the world, endorsed by bilateral and multilateral agreements that guarantee its compliance. Clearly today it is not only the desirability but the need to compete better in the commercial field both nationally and internationally to go to cuts and permanent specialized commercial arbitration courts to ensure the necessary means with security and solidity that proposing parties adjusted to trade customs and practices, and equitable solutions as well as, in his case, to the right.
Attached to the Superior Council Chambers of Commerce, industry and navigation, the Spanish Court of arbitration manages and carries out those arbitrations commercial brought before it by the parties, of any area in the world and practically in all economic sectors. The Spanish Court of Arbitration Arbitration can be performed both in law and in equity, contributing to resolving differences which the parties in dispute undergone him, previously subscribing the arbitration agreement that type permanently cut. The competition for the realization of these functions has been awarded by the Spanish Government under law 3/1993 of 22 March, basic of the official Chambers of Commerce, industry and navigation. This brochure gathers the new regulations written by the Statute, regulation, tariffs and agreement arbitration type, in force since May 5, 1994. Spanish with its network of more than 40 courts and courts of arbitration attached to the Spanish Court, attached to his Council the official Chambers of Commerce, industry and navigation Higher, as pioneers in the field of commercial arbitration wish to continue to the business and professional community this kind of qualified services which contribute to the development of trade, industry and services from Spain to the outside.