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The goal of arbitration is to create an efficient procedure for the resolution of domestic and international disputes. One of the main factors affecting the speed and efficiency of arbitration are arbitral procedural rules. To further increase the efficiency and speed, the United Nations Commission on International Trade Law (UNCITRAL) issued its expedited arbitration rules, which entered into force on September 19, 2021, and were incorporated as an Appendix to the 2013 UNCITRAL Arbitration Rules.
The rules are the result of the UNCITRAL Working Group II consisting of leading arbitration experts from different jurisdictions and reflect international best practices. Key aspects of the rules are the following:
To apply the expedited rules, parties must expressly agree to the expedited rules in advance through an arbitration agreement. The arbitration agreement must have an explicit reference to the use of the expedited rules. The expedited rules also do not have a maximum cap on the claim amount in dispute.
UNCITRAL has further promoted the regulation of arbitration with these rules and ensured the efficiency and speed of the arbitral process.
Authored by Sylvia Sámano Beristain.