IJSRP, Volume 11, Issue 2, February 2021 Edition [ISSN 2250-3153]
Arbitration, as the mean type of alternative dispute resolution (ADR), compared with litigation, has its merits in neutrality and confidentiality. And from the commercial perspective, it is more economical and speedier. Consequently, increasingly more commercial entities tend to submit the dispute to arbitration. An enforceable arbitration agreement is supposed to be the starting point of a commercial arbitration, without which the arbitration proceeding would not initiate. This essay will talk about how to draft an enforceable arbitration agreement for international commercial arbitration from various aspects.