New Zealand to jointly host global arbitration conference
New Zealand to jointly host global arbitration conference
The world’s biggest arbitration event is
coming to Australasia.
The International Council for
Commercial Arbitration (ICCA) today accepted a joint bid by
Australia and New Zealand for its 2018 conference to be held
in New Zeland and Australia.
The bid has been cast with the support of the New Zealand Bar Association, the New Zealand Law Foundation, Attorney-General Chris Finlayson QC and Justice Minister Judith Collins. The bid won against Hong Kong, Moscow and Kuala Lumpur.
“This is at least in part a reflection of New Zealand’s growing reputation as a centre for international commercial arbitration” AMINZ Executive Director Deborah Hart said.
“Increasingly New Zealand is being seen – and appreciated – as independent, neutral and not corrupt, a country with a developed infrasructure yet relatively inexpensive to do business in.”
“All of which is great news for our arbitrators—and good news for the local economy, too, since each of these arbitrations usually brings in more than $1m to the host country.”
“This conference will enable Australia and New Zealand to showcase the skills of our arbitration practitioners, and the superb facilities we can offer the international dispute resolution community.”
One of the world’s most eminent international commercial arbitrators, David Williams QC said “New Zealand is a progressive model law jurisdiction. The award of the 2018 Congress will give an inspirational boost to New Zealand.”
ICCA is an UN-approved NGO devoted to promoting the use and improving the processes of arbitration, conciliation and other forms of resolving international commercial disputes.
The organisation’s latest global meeting with over 1,000 delegates, is currently being held in Miami.
New Zealand to jointly host global arbitration conference.
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