The MCCI, conscious of the specific and complex nature of commercial disputes, both of a domestic or of an international nature, decided in 1996 to set up a Permanent Court of Arbitration (PCA), operating under its aegis. The Court of Arbitration benefits from the organisational facilities of the MCCI and its knowledge of local and international business. It is governed by a set of Rules for Conciliation and Arbitration, the main objective of which is to provide economic agents, individuals or corporate bodies, and public sector organisations the means to initiate arbitral proceedings promptly, efficiently, and in compliance with business requirements and international arbitration standards.
The Chamber has also been active in promoting recourse to ADR (Alternative Dispute Resolution) mecanisms in recent years, through seminars, presentations, and consultations with Government over the introduction of appropriate policies and laws for the development of Mauritius as an attractive arbitration venue in the Indian Ocean region. In a context of ever increasing cross-border commercial transactions, the PCA has also established a strong network with several reputable Arbitration Centres, for instance France (CMAP) Germany, India (Arbitration Council), South Africa( AFSA) Uk's Chartered Institute of Arbitrators; Singapore, Hong Kong etc. in view of facilitating the resolution of international commercial disputes. |
