With an increasing focus on
encouraging international commercial dispute resolution in Casablanca, the country is seeking to present itself as a business hub, as law firms push to open up in the region.
Not exact matches
The Arbitration Law expressly provides that its objectives are to effectively resolve domestic and
international commercial disputes in a fair and effective manner, recognise and enforce
international arbitral awards and
encourage dispute resolution by arbitration.
Though efforts to facilitate speedy redressal of
disputes are underway — the most recent being establishment of special
commercial courts to settle high - stake
commercial disputes as well as constitution of the National Company Law Tribunal and its appellate body — I
encourage parties to have in place a strong mechanism for
international commercial arbitration, at the outset.
Each Party shall, to the maximum extent possible,
encourage and facilitate the use of arbitration and other means of alternative
dispute resolution for the settlement of
international commercial disputes between private parties in the free trade area.