GLOSSARY

Arbitration Clause

Arbitration Clause is a standard clause to be included in the contracts of exporters and importers, as suggested by the American Arbitration Association. It states that any controversy or claim will be settled by arbitration in accordance with the rules of the American Arbitration Association.

What is Arbitration Clause?

Arbitration Clause is a standard clause to be included in the contracts of exporters and importers, as suggested by the American Arbitration Association. It states that any controversy or claim will be settled by arbitration in accordance with the rules of the American Arbitration Association. It is a clause in a contract that requires the parties to resolve their disputes through an arbitration process.

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