Social News XYZ     

India’s effective arbitration will improve business: Former England A-G

India's effective arbitration will improve business: Former England A-G
New Delhi, Feb 16 (IANS) Former Attorney General for England, Wales and Northern Ireland Lord Goldsmith on Saturday said India is progressing towards improving its global perception of doing business and an effective arbitration regime will aid that process.

"India is progressing towards improving its global perception of doing business and an effective arbitration regime will aid that process," Goldsmith said, while addressing the 11th Annual International Arbitration Conclave here.

The event, organised by the Nani Palkhivala Arbitration Centre (NPAC), was themed on "Arbitration Regime in India - Evolving Opportunities and Daunting Challenges".

 

"This conclave, by initiating important discussions around pressing challenges and finding effective solutions to overcome them will be another step in that direction," Goldsmith added.

NPAC Director Arvind P. Datar emphasised on how India is slowly taking steps towards focused and institutionalised arbitration.

"While the government has taken numerous measures to improve the country's credentials as a preferred arbitration destination, I feel there are many other opportunities and challenges that need to be discussed in order to make legislations concerning arbitration more effective," Datar said.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments
India's effective arbitration will improve business: Former England A-G

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz