Australia India Business Council (AIBC) and Indian Council of Arbitration (ICA) sign MOU to facilitate trade arbitration in growing bilateral business to business engagements
As the bilateral trade between Australia and India currently exceeding $50Billion and will be growing significantly in coming years due to Economic Cooperation and Trade Agreement ( ECTA), both countries are reforming the arbitration regime. While Australia recognises the importance of arbitration in encouraging cross border trade and there is a clear legislative framework supporting […]