Law · International Commercial Arbitration
Under the UNCITRAL Model Law on International Commercial Arbitration, an arbitration is considered 'international' if which of the following conditions is met?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above conditions describe an international commercial arbitration framework.
- 2The parties have their places of business in different states at the time of conclusion of the arbitration agreement.✓
- 3The parties have agreed to settle their contractual dispute strictly in a domestic court.
- 4The parties have their places of business in the exact same state and choose local laws.
Correct answer
The parties have their places of business in different states at the time of conclusion of the arbitration agreement.
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