October 19, 2023

Promotion of Peace through Arbitration Dispute Settlement Mechanisms

Promotion of Peace through Arbitration and Dispute Settlement Mechanisms

The Guyana Nigeria Chambers of Commerce and Investment (GNCCI) is committed to fostering peace and economic stability by promoting arbitration and dispute settlement mechanisms. Recognizing that conflicts can arise in business, trade, and international relations, GNCCI advocates for peaceful resolutions through structured and fair arbitration processes.

Key Initiatives:

  • Encouraging Alternative Dispute Resolution (ADR): GNCCI promotes ADR methods such as arbitration, mediation, and conciliation as effective ways to resolve disputes without lengthy litigation.

  • Cross-Border Arbitration Services: Given the growing trade and investment ties between Guyana and Nigeria, GNCCI facilitates arbitration frameworks that cater to businesses and investors in both regions.

  • Legal and Mediation Support: The Chamber provides businesses with access to experienced legal professionals and certified mediators to ensure fair and impartial dispute resolution.

  • Training and Capacity Building: GNCCI organizes workshops and training programs to educate businesses, legal practitioners, and policymakers on best practices in arbitration and peaceful conflict resolution.

  • International Partnerships: By collaborating with global arbitration institutions, GNCCI strengthens its dispute settlement mechanisms, ensuring that businesses operate in an environment of trust and legal security.

Through these initiatives, GNCCI enhances commercial confidence, prevents economic disruptions, and strengthens bilateral relations by promoting peace through fair and structured arbitration mechanisms.

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Guyana Nigeria Chambers of Commerce and Investment

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