Qatar Chamber Chairman praises new arbitration law

 15 Mar 2017 - 22:40

Qatar Chamber Chairman  praises new arbitration law


Doha: Sheikh Khalifa bin Jassim Al-Thani, Chairman of Qatar Chamber and the International Chamber of Commerce (ICC) Qatar and Executive Board Member of ICC International Secretariat, yesterday praised the Law No. 2 of 2017 on Arbitration in Civil and Commercial Matters, describing it as an 'important reference' to resolve trade disputes that can arise between companies in Qatar which would enhance the successful investment climate of Qatar.
Among the main roles that ICC Qatar is keen to play are raising awareness of the new Qatari laws and legislation on the economic and commercial activity in Qatar, H E Sheikh Khalifa bin Jassim Al-Thani said in a press release.
Since the launch of the Qatar National Vision 2030 nine years ago, the State of Qatar has focused on modernizing the national laws and legislation to keep pace with its goals aimed at transforming Qatar into an advanced country capable of achieving sustainable development and ensuring a decent life for its people, he said.