What are the types of arbitration?
The types of arbitration comprise the following:
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- “Institutional arbitration” means a form of dispute settlement at an arbitration center under the 2010 Law on Commercial Arbitration and the rules of proceedings of such arbitration center.
- “Ad hoc arbitration” means a form of dispute settlement under the 2010 Law on Commercial Arbitration and the order and procedures agreed upon by the parties.