Chambers of Commerce the Swiss offer of arbitration services

The Chambers of Commerce Swiss offer arbitration services for more than years These procedures are based on best practices and international standards in the matter Arbitrations governed by the swiss Rules of international arbitration are administered by the Swiss Chambers’ Arbitration Institution (ECHO), a neutral entity consisting of international arbitration practitioners experienced working in perfect independenceArbitration is generally faster and less expensive than proceedings before the state courts, particularly in disputes with an international dimension. The arbitrators are selected according to their specific skills in the commercial sector or the type of the dispute concerned. Contrary to the decisions rendered by the state courts, arbitral awards rendered under the auspices of the swiss Rules, are confidential. Thanks to a number of international conventions, arbitration awards are more easily executable at a global scale that the decisions of state courts. The arbitration under the swiss Rules can be adapted to all the values at issue and in all types of litigation, and can be combined with the conciliation or mediation. Switzerland enjoys a long-standing international reputation in the field of mediation, diplomacy and the provision of good offices. The Swiss Chambers’ Arbitration Institution has drafted the swiss Rules of commercial mediation on the basis of decades of experience and good practices. Mediation is a very flexible dispute resolution, which is particularly suited to disputes of international and intercultural all importance, and in which the parties hope to maintain or renew their business relationships. The modernity and flexibility of the swiss Rules of commercial mediation to encourage the parties to find an amicable solution to their dispute, assisted by a neutral third party and competent, using the evaluative mediation (conciliation) or the mediation focuses on the interests. When it leads to an agreement, the mediation process is significantly faster and less expensive than litigation. It can also be combined with the arbitration to control costs The swiss Rules of commercial mediation suggests a number of ways to combine mediation and arbitration.