Sheikh Khalifa bin Jassim bin Mohamed Al Thani and Sheikh Thani bin Ali bin Saud Al Thani posing with participants at the end of a four-day course on arbitration at the Qatar Chamber yesterday.
DOHA: An arbitration law is on the anvil that, once enforced, would efficiently resolve disputes raised by foreign investors as well as those among companies.
A draft of the proposed law has already been forwarded to the Advisory Council for its recommendations. This was disclosed by the Secretary-General of the Qatar International Centre for Conciliation and Arbitration (QICCA), Sheikh Thani bin Ali bin Saud Al Thani.
He was speaking to reporters at the conclusion of a four-day course that was held at the premises of the Qatar Chamber, representative body of the private sector, to train legal experts specializing in arbitration.
More than 30 experts took part in the course. At the end of the course, the chairman of QC, Sheikh Khalifa bin Jassim bin Mohamed Al Thani, distributed certificates to the participants.
In his address on the occasion, Sheikh Thani bin Ali bin Saud Al Thani said the course dealt with key topics related to trade arbitration noting that the said centre would organise other courses in support of the private sector and qualify the skills of the arbitrators and promote their efficiency.
The QICCA was established in 2006 by virtue of a resolution of the Qatar Chamber‘s Board of Directors to create an efficient and swift mechanism to settle disputes between Qatari enterprises or between national companies and their foreign counterparts.
The Centre seeks to follow the most recent trends in organising conciliation and arbitration procedures through its adoption of the model rules prepared by the United Nations Commission for International Trade Law (UNCITRAL) as revised in 2010.
The Centre is part of Qatar Chamber and recommends to its members the use of some model clauses for conciliation and/or arbitration in their national or international contracts.
The Centre maintains lists of conciliators, arbitrators and experts of international reputation in different areas in order to choose from such lists by the interested parties.
The Centre aims to organize seminars, workshops and conferences to prepare and to train future arbitrators and to encourage the use of alternative dispute resolution methods. The Centre is a full member in the International Federation for Commercial Arbitration Institutions (IFCAI).
The Peninsula