International arbitration
Istanbul bids for leadership in international arbitration
Istanbul is making a bid to become a regional leader in the trillion-dollar business of legal arbitration, used for major corporate litigation or disputes between sovereign states.
Arbitration provides an alternative to years of expensive litigation in courts.
Serbia gets national chair in Permanent Court of Arbitration
BELGRADE - The Republic of Serbia got a national chair in the Permanent Court of Arbitration with the seat in the Peace Palace in The Hague, which is a special honour for the country.