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1 Introduction Currently,international arbitrators have resolved billions of dollars worth disputes.2 Arbitration has played an increasingly vital role in the area of international commercial disputes resolution.3 Adrian stated that:“little doubt that arbitration is now the first-choice method of binding dispute resolution which has largely taken over litigation.”It is obvious to see the virtues of arbitration when compared with litigation.Arbitration
1 Introduction Currently, international arbitrators have resolved billions of dollars worth disputes.2 Arbitration has played an important vital role in the area of international commercial disputes resolution.3 Adrian stated that: “little doubt that arbitration is now the first-choice method of binding dispute resolution which has largely taken over litigation. ”It is obvious to see the virtues of arbitration when compared with litigation.