We the “ASIAN EXPORTERS’ CHAMBER OF COMMERCE AND INDUSTRY” (AECCI), based in Navi-Mumbai, Maharashtra-India, are working to promote the national and international trade in the region. And to serve the purpose we are working very hard and coming up with so many activities/events for the national/international community.
One of the priorities of the chambers of commerce is creating the awareness of a system for the resolution and settlement of disputes. The structure of the Asian Exporters’ Chamber of Commerce and industry is consisting of 12 boards of intermediaries, who make our legal wing. All of them are highly experienced and knowledgeable professionals in the legal-field.
*Arbitration is a form of alternative dispute resolution (ADR), a technique for the resolution of disputes outside the courts.
AECCI wish to enhance the role of arbitration as it is a unique tool for resolving commercial disputes and can prove to be very helpful in attracting foreign direct investment (FDI) .Our Legal wing is committed to spread the arbitration culture in the region.
AECCI is receiving various complaints from different regions of world, with different amounts ranging from small to large. Some of these are from Indian exporters whereas others are from foreign importers. AECCI is handling every month cases with an approximate value of USD 4 to 5 lacs.
Few suggestions to make Arbitration a most- favorable technique in India also:
- We need to make India the hub of international commercial arbitration, and for this, we need to have a concerted effort by the government, the legal fraternity and corporate India.
- Foreign companies will pick India as the destination of choice only if the environment for conducting international commercial arbitration in India is business-friendly.
- The government alone will not be able to do it despite making efforts to get the requisite amendments to arbitration law approved by the legislature. Full support by businesses and the legal fraternity is essential.
For more information please contact:
Address: 604 | 6th floor | Hilton Center | Plot no.66 Sector no.11 |
CBD Belapur | Navi Mumbai-400614 |Maharashtra-India|
Tel. 022-412 711 45 / 46 Fax.022-412 711 47
Email : email@example.com