Permanent Court Arbitration signed Cooperation Agreement with NCIA
On 11 September 2017, a Cooperation Agreement was concluded between the Permanent Court of Arbitration and the Nairobi Centre for International Arbitration (NCIA).
The Cooperation Agreement establishes a framework for the two organizations to work together towards the promotion of arbitration as a means for the peaceful settlement of international disputes. In addition, it formally recognizes the benefits of cooperation among international arbitral institutions.
On a practical level, under this Agreement, each institution will be able to hold hearings and meetings at the other’s premises, and will assist with the arrangement of local support services for such events. The institutions also endeavor to cooperate in organization of conferences, lectures, and seminars on arbitration and other means of dispute resolution.
The PCA has also signed cooperation agreements with other arbitration institutions and international organizations worldwide in order to make PCA dispute resolution services more widely accessible.