International arbitration is a leading method for resolving disputes arising from international commercial agreements and other international relationships. Over the years, this mode of dispute settlement has gained popularity with business and other users. International commercial arbitration offers the prospect of a level playing field in dispute resolution and as such reduces uncertainty and risk attendant to international commercial transactions. The increased comfort level promotes economic activity. An important twig of international arbitration is commercial arbitration which is the most adopted process of resolving business disputes between or among transnational parties through the use of one or more arbitrators rather than through the courts.

A discussion Session in the International Judicial Conference 2012 will provide a forum to discuss all aspects of International Arbitration being vital method for the enforcement of commercial and treaty rights; to explore the opportunities to endorse and protect the finality and enforceability of international arbitral awards and to bring the existing legislations in line with International Standards of Arbitration.