EIRP Proceedings, Vol 4 (2009)

Abstract

At present, no generally applied international ADR rules exist. However, many legislative initiatives registered in time. The United Nations Commission on International Trade Law adopted, thus, a Model Law on International Commercial Conciliation in 2002. The European Union has also been active in the area of ADR presenting in May 2008 a Directive on Certain Aspects of Mediation in Civil and Commercial Matters that represents its most important initiatives in this field. There are also various international conventions that deal with dispute resolution such
as the International Convention on the Settlement of Investment Disputes. The many legislative initiatives are useful, even necessary.