Asia has become one of the world’s most important arbitration regions, with Singapore being the third most-preferred arbitration seat after London and Paris, and SIAC being the third most-preferred arbitral institution after ICC and LCIA.
During the last few years, the Asian arbitration market has not only managed to catch up with the leading and well-established arbitration jurisdictions and adopt their best practices, but has also started to take on a leading role in many respects.
Nowadays, developments in the Asian arbitration market not only affect Asia but have a broader impact on the global dispute resolution landscape. Keeping up with arbitration trends in Asia is therefore very important for arbitration practitioners.
In our conversation, we will discuss Asian jurisdictions as arbitral seats, the reasons for their success and the latest significant developments in the Asian arbitration market.