In the process of international commercial activities, the parties always face disputes. However, the problem is how to not only settle the disputes affect and fast but also keep a good relationship between the parties. Alternative Dispute Resolution (hereinafter refer to as ADR) is a selected priority by the parties to solve disputes in peace. ADR becomes the international trend to settle dispute because of its advantages in comparison with other methodologies such as court with complicated litigation. Therefore, via this paper, I will analyze the characteristics of ADR and also the trend of ADR around the world nowadays. In the end, I will give conclusions about ADR and recommendations for using ADR better in the next future.
Alternative Dispute Resolution (ADR): A New Trend of Economic Conflicts Settlement
Publication Information
Journal Title: International Journal Of Legal Developments And Allied Issues
Author(s): Pham Thanh Nga
Published On: 15/12/2022
Volume: 8
Issue: 6
First Page: 1
Last Page: 18
ISSN: 2454-1273
Publisher: The Law Brigade Publisher
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Cite this Article
Pham Thanh Nga, Alternative Dispute Resolution (ADR): A New Trend of Economic Conflicts Settlement, Volume 8 Issue 6, International Journal Of Legal Developments And Allied Issues, 1-18, Published on 15/12/2022, Available at https://ijldai.thelawbrigade.com/article/alternative-dispute-resolution-adr-a-new-trend-of-economic-conflicts-settlement/
Abstract
Keywords: ADR, economic dispute, settlement, trend, international, Vietnam.
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