Commercial arbitration in Cambodia is hatching

By Phy • September 25th, 2008

National Arbitration Center (NAC) for commercial dispute resolution in Cambodia will soon come into reality after long months of effort. See Commercial arbitration council expected to launch by The Phnom Penh Post, Sept 24, 2008.

Hope the two Houses will enact this law first thing upon its new mandate.

It is obviously, at least to me, a better hope for justice to businesspeople in Cambodia.

This together with the existing Arbitration Council for labor dispute resolution will sure make Cambodia a even better place for investment.

Let’s hope it will be another model for judicial reform in Cambodia, just the way the Arbitration Council has been.

Comments

Well, n after its establishment, i hope the enforcement will also come along. it should do its job well, or else…

P.S. Y just to comment, u require ey kor chreoung mess bro?

@TD: Yeah, you’re right! Anyway, if it’s not reliable and competent, no one will use its services. Business people can always opt for the same services by arbitration bodies overseas.

By the way, what do you mean by your p.s. statement? What requirements are you talking about?

 

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