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1、InternationalCommercialArbitrationinNetEraiddleEasthavealsobeeninthefieldofarbitrationandthemostdevelopedstageoftheircooperationmanConventionon14,April1987.akeinternationalarbitrationmuchmorepopular.Therearealsosomeotherobviousadvantages,suchasprivate,finalityandlesscost.
2、Generallyspeaking,Theinternationalarbitrationisholdinprivate,onlitigation,thearbitrationshouldbefinality.Bothpartiesshouldenforcetheaoreandmoreimportantrolesinthesolvingtheinternationaldisputes.Theinternationalarbitrationinstitutionsalsotrytheirbesttomodifytheirooreshares
3、.r.JusticeLander’severstated:thearbitrationprocesshasbeenperceived?ashavingsimilarshortingstothelitigationprocess.Theperceptionisthattheproceduresinarbitrationarenotmuchlesscumbersomethantheproceduresinthelitigationprocess.Arbitrationisstillsloaybeshortthanthelitigation,i
4、tistoolongfortherapiddevelopmentofneetalaSanFranciscoadetefromdiverseplacesinAsiaandNorthAmerican.Althoughthiscaseisaveryextremeexample,itreflectstherealityinsomesense.Thepartiesofarbitrationliveindifferentcountries,thearbitrationinstitutionislocatedinanothercountry,andma
5、ybethearbitratorsliveinothercountries.Allofthemhavetomeetincertainplaceatcertaintime,butitmaybeneedalongtimetomeettogether.Forinstance,ifonepartyisinChina,theotherpartyisinBrazil;thearbitratorsliveinAustralia,RussiaandtheUnitedStates.Thepartiesselectthearbitrationmitteein
6、Stockholm,maybeChinesepartyneedsverylongtimetogetthevisa,andBrazilPartyisthesame.Thus,allofthemneedspendalongtimetostarthearinganditisobviousthathoetime,thehearinges.Insomecircumstance,inordertocorrectconsequentialerrorsoftheexpediter,itmightbenecessarytosuspendthehearing
7、ission.Butsuchinterruptionaketheproceduremoreinconvenient.Theabsoluteclaimthatarbitrationisquickerthanadjudicationissimplynolongertrue.Arbitrationisstillexpensive.Thedirectcostofarbitrationmainlyincludes:(1)thearbitrator’sfee;(2)expensesforarbitratortravelandhearingroomre
8、ntal;(3)thecostofsiteinspectionorexpertsappointedtoassistthearbitrator;(4)legalfee.Amongthesefee
