Selection and Appointment of Arbitrators in International Arbitration

With the rapid development of technology in the globalizing world, the resolution of legal disputes arising from commercial relations that have diversified and become more complex is becoming increasingly difficult. The commercial losses of the parties in the prolonged and inadequate national litigation processes have become intolerable. So much so that the result of the prolonged litigation process by the party applying to litigation for the resolution of the dispute can never fully cover the damage caused by the dispute. On the other hand, advantages such as the confidentiality of the arbitration proceedings and the free choice of the arbitrators and the trial procedure by the parties make the arbitration system increasingly preferred in international commercial relations.

The quality and success of the arbitration institution, which has become so important in the world of international trade and law, and the realization of the expectations from arbitration depend on the arbitrators. For this reason, the selection of the arbitrators, who will resolve and decide the dispute, is also a very important stage of the arbitration system, and it is necessary to know and apply correctly which international regulation stipulates what in the selection and appointment of the arbitrators, how the parties will choose the arbitrator, and the issues to be considered.