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Promoting Maritime Arbitration in Asia Pacific – The Way Forward

Promoting Maritime Arbitration in Asia Pacific – The Way Forward. Peter McQueen FCIArb Chair, Australian Maritime and Transport Arbitration Commission (AMTAC) www.amtac.org.au September 2013. Promotion of maritime arbitration. Asia Pacific Regional Arbitration Group (APRAG)

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Promoting Maritime Arbitration in Asia Pacific – The Way Forward

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  1. Promoting Maritime Arbitration in Asia Pacific – The Way Forward Peter McQueen FCIArb Chair, Australian Maritime and Transport Arbitration Commission (AMTAC) www.amtac.org.au September 2013

  2. Promotion of maritime arbitration Asia Pacific Regional Arbitration Group (APRAG) APRAG as promotion platform Co-operation and collaboration Asia Pacific “maritime arbitration cake” Compelling places to conduct maritime arbitration

  3. Attractions of arbitration seat Leading edge international arbitration legislation High quality, independent and pro-arbitration judiciary and courts Internationally recognised capability of arbitration practitioners Excellent facilities and dedicated dispute centre

  4. Leading edge international arbitration legislation Incorporation of New York Convention and Model Law Objects of legislation Model Law mandatory Arbitrators and foreign lawyers Interim measures

  5. Leading edge international arbitration legislation Confidentiality Challenge of awards Recognition and enforcement of arbitration agreements and foreign awards “Public policy” definition

  6. Rules of arbitration institutions Arbitration rules – timely, cost effective and fair, having regard to complexity and value of dispute Fast-track procedures Procedures for emergency arbitrators

  7. The way forward Promote use of arbitration clauses providing for Asia Pacific seats Encourage adoption of arbitration rules of Asia Pacific arbitration institutions Develop awareness of advantages of arbitration and of conducting arbitration in Asia Pacific

  8. The way forward Conduct teaching and refresher training to improve skills and maintain standards of expertise Reliable arbitration seats Efficient dispute centres Skilled arbitration practitioners

  9. AMTAC Commission of ACICA AMTAC Members from public and private maritime and arbitration sectors AMTAC Panel of Arbitrators AMTAC Arbitration Rules and AMTAC Rocket Docket Website www.amtac.org.au

  10. Promoting Maritime Arbitration in Asia Pacific – The Way Forward Peter McQueen FCIArb Chair, Australian Maritime and Transport Arbitration Commission (AMTAC) www.amtac.org.au September 2013

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