Qatar Chamber Chairman Hopes Arbitration Conference Will Achieve Added Value

Doha, October 18 (QNA) - HE Sheikh Khalifa bin Jassim Al-Thani, chairman of Qatar Chamber and president of the Qatar International Center for Conciliation and Arbitration (QICCA), expressed hope that the second International Arbitration Conference, which launched on Tuesday, will achieve an added value to the arbitration field and be a platform for the exchange of expertise and knowledge on the best practices in arbitration. Addressing the opening session of the conference and to celebrate a decade of QICCA, HE Sheikh Khalifa bin Jassim Al-Thani said arbitration is not just an alternative solution to resolve disputes, but is the easiest and shortest way to reach quick solutions in accordance with legal frameworks and regulatory rules. Sheikh Khalifa bin Jassim said QICCA has managed to take arbitration in Qatar from free arbitration to regulated institutional arbitration that relies on global basics and principles stemmed from the rules of United Nations Commission on International Trade Law (UNCITRAL). He added that the center has helped in achieving a qualitative leap in terms of the consolidation of arbitration in Qatar, and contributed to the dissemination of the arbitration culture in the Qatari private sector through seminars and training courses that qualified a large number of arbitrators in several fields. (QNA)