AIAC and AIADR join APCAM, shaping the future of alternative dispute resolution in Asia-Pacific

The recent Asia Pacific Centre for Arbitration & Mediation (APCAM) International Alternative Dispute Resolution (ADR) Summit held in New Delhi saw the Asian International Arbitration Centre (AIAC) and Asian Institute of Alternative Dispute Resolution (AIADR) joining APCAM as members. This collaboration between the two esteemed organizations in the Asia Pacific region is expected to have a significant impact on the future of alternative dispute resolution in the area.

APCAM aims to address the needs of international and cross-border business disputes by providing a standardized fee structure for resolving international commercial and business disputes among its member countries. Furthermore, APCAM establishes a common panel of international mediators and arbitrators with a uniform accreditation system across all member countries. This initiative ensures a consistent and high standard of practice, enhancing the credibility and professionalism of mediators and arbitrators involved in the resolution of disputes.

The partnership between AIAC, AIADR, and APCAM holds significant promise for the future of ADR in the Asia Pacific region. By leveraging the expertise and resources of these renowned institutions, the collaboration aims to shape the landscape of alternative dispute resolution, ultimately benefiting businesses and individuals involved in cross-border disputes in the Asia Pacific area.