Global Conference on National Initiative towards Strengthening Arbitration and Enforcement in India
USIBC Supports the Global Conference on National Initiative towards Strengthening Arbitration and Enforcement in India
The Government of India over the past couple of years, has been undertaking major structural reforms to facilitate ease of doing business in India. These include efforts towards a uniform goods and services tax code, a robust bankruptcy framework, a new digital payments regulatory regime and vast reforms in the corporate law statute. These on-going structural reforms have strengthened the international investor community's confidence on the robust fundamentals of the Indian economy. To complement these reforms and further deepen India's engagement with international commerce, the Government of India has recently unveiled various policy measures to facilitate commercial dispute resolution, especially through arbitration. Vast scale legal reforms have been undertaken to revamp the existing arbitration framework. Indian policy-makers are currently exploring possible strategies to improve the institutional capacity necessary to create a vibrant ecosystem to make India the next big hub for international commercial arbitration.
To brainstorm on the above, the National Institution for Transforming India (NITI Aayog), Government of India with the support of Ministry of Law and Justice, the National Legal Services Authority (NALSA), International Centre for Alternative Dispute Resolution (ICADR) and Department of Industrial Policy and Promotion (DIPP) is organizing a "Global Conference on National Initiative towards Strengthening Arbitration and Enforcement in India" at Vigyan Bhavan, New Delhi, India, from October 21 — 23, 2016.
The Conference aims to provide a platform to the Indian legal and policy making fraternity to engage with the broader international commercial arbitration community. It will provide an opportunity to the participants to discuss critical issues relating to arbitral experience, sharing of international best practices and drawing a roadmap to strengthen arbitration and its enforcement in this country.
The Chief Justice of India is the Patron-in Chief of the Conference. The event would be graced by the Hon'ble President of India, Dr. Pranab Mukherjee, Hon'ble Prime Minister of India, Shri Narendra Modi, Cabinet Ministers and various international / national experts on arbitration.
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