ICC Sri Lanka announces the third Arbitration Conference

The International Chamber of Commerce Sri Lanka (ICC Sri Lanka) is hosting its third annual Arbitration Conference on 3 August, at the Galadari Hotel in Colombo. 

The ICC Sri Lanka is a catalyst for business growth and global connectivity in Sri Lanka and part of the global ICC network, which is an institutional representative of 45 million companies in more than 170 countries, making it easier for businesses to trade internationally. The conference is part of a series of activities taken by ICC Sri Lanka aimed at promoting ease of trade. 

Speaking about the event, ICC Sri Lanka Chairman Anthony Shanil Fernando said, “We are proud to host the third Arbitration Conference and are inviting all legal professionals, arbitrators, and dispute-resolution enthusiasts to the event. This event is the ideal platform for engineers, contractors, procurement, shipping, property, leasing, and banking professionals to understand arbitration. Arbitration is vital during times of economic and social upheaval due to the after-effects of the economic downturn and the pandemic to facilitate the ease of doing business in Sri Lanka. We have an eminent group of speakers and panellists attending the event and we hope to discuss local and international trends in Arbitration. The event will be a source of knowledge to SMEs, software development companies and other such organisations that do trade both locally and internationally. ICC Sri Lanka is in the process of planning to set up the Colombo International Arbitration Facilitator Centre, a state-of-the-art Arbitration Centre similar to the Singapore Arbitration Centre. This facility will serve all international clients who require ICC arbitration services.”

In 2023, the ICC International Court of Arbitration is celebrating 100 years of being the world’s leading arbitral institution. First published by ICC in 1936, Incoterms rules are a set of eleven three-letter trade terms, reflecting business-to-business practice in contracts for the sale and purchase of goods. The International Court of Arbitration ensures the proper application of the ICC Rules and assists parties and arbitrators in overcoming procedural hurdles. the International Chamber of Commerce Secretary General John Denton AO, and the ICC Court of Arbitration President Claudia Salomon will address the gathering online on 3 August. 

The speakers and panellists for the conference include Supreme Court of Sri Lanka Judge Justice Priyantha Jayawardena, AG’s Department Sri Lanka Additional Solicitor General Vikum de Abrew, PC, ICC International Court of Arbitration Member Dinal Phillips, PC, AG’s Department Sri Lanka Additional Solicitor General Viveka Siriwardena, PC, ICC Court of Arbitration Former Member Dr. Harsha Cabral, PC, Joseph Tan Jude Benny LLP Singapore Founding Partner Dato Jude Benny, ICC Sri Lanka Chairman MSiArb Shanil Fernando AAL, MBA, and ICC Arbitration and ADR, ICC Dispute Resolution Services South Asia Regional Director Tejus Chauhan. 

Arbitration is cost-effective, equitable and faster than the traditional process of litigation when conducted properly. ICC arbitration brings international standards that are accepted in more than 90 countries. The ICC is present in 170 countries and focuses on the digital economy, sustainability and climate action, global trade and integrity and good governance. It is the only business organisation to have observer status in the United Nations. ICC introduced Arbitration in the 1900s after WW1 as a way to facilitate trade investments across countries. In addition, ICC created INCOTERMS, ATA Carnet, Model contracts and clauses, Certificates of Origin, ICC TradeNow, Discover SME360X, ICC Centre of Entrepreneurship, ICC Agri-Food Hubs, ICC Centre of Entrepreneurship (CoE), UCP 600 used in banks and the Vaccine Pass. 

The ICC Sri Lanka Arbitration Conference will be held on Thursday, 3 August from 9 a.m. to 6 p.m. at the Hotel Galadari, Colombo, Sri Lanka. Tickets are priced at Rs. 9,500 for members and Rs. 10,000 for non-members, with a special concession for law students on the presentation of their student ID. For more information call +94 764 096 286 or email [email protected].