As cross-border trade and investment continues to grow, so does the need for fair, neutral and efficient resolution of international commercial disputes. International arbitration has emerged as the principal dispute resolution method for such disputes, but has become hampered in recent years by increasing costs and delays. Various proposals have been made to improve the situation. Two of these have already gained traction, namely emergency arbitration and expedited arbitration;and three new proposals are now circulating, namely appeals from arbitral awards, Bilateral Arbitration Treaties, and Hybrid National Arbitration-Courts.
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