Promotion of Mediation and International Arbitration Mechanisms

The Guyana Nigeria Chambers of Commerce and Investment (GNCCI) is committed to fostering a stable and transparent business environment by promoting Mediation and International Arbitration Mechanisms. As trade and investment between Guyana and Nigeria continue to grow, ensuring fair and efficient dispute resolution is essential for sustained economic cooperation.

Why Mediation and Arbitration?

• Efficient Dispute Resolution – Alternative dispute resolution (ADR) mechanisms, such as mediation and arbitration, provide a faster and more cost-effective way to settle commercial conflicts.
• Business Confidence & Stability – Investors and businesses are more likely to engage in cross-border trade when fair and impartial dispute settlement options are available.
• Legal Compliance & Global Standards – International arbitration ensures that disputes are resolved in accordance with recognized global legal frameworks, protecting the interests of all parties involved.

Our Role in Promoting ADR

• Facilitating Mediation Services – GNCCI offers structured mediation processes where neutral mediators assist disputing parties in reaching mutually beneficial solutions.
• Supporting International Arbitration – We advocate for arbitration as a preferred method for resolving trade disputes, ensuring compliance with international arbitration laws.
• Training & Capacity Building – We organize workshops, conferences, and training sessions to educate businesses and legal professionals on effective dispute resolution mechanisms.
• Collaboration with Legal Institutions – GNCCI partners with legal bodies, arbitration centers, and international organizations to enhance the accessibility and effectiveness of ADR services.

By promoting Mediation and International Arbitration, GNCCI aims to create a business-friendly environment that encourages investment, fosters trust, and ensures smooth commercial operations between Guyana and Nigeria.