What is the dispute resolution center launched recently, and what purpose does it serve
The Indian International Maritime Dispute Resolution Centre has been launched to address and resolve maritime disputes effectively.
- The Indian International Maritime Dispute Resolution Centre (IMDRC) was recently launched to address maritime disputes effectively.
- It aims to provide a platform for parties involved in maritime disputes to resolve their issues through mediation, arbitration, or other alternative dispute resolution methods.
- The center will help in reducing the burden on traditional courts and expedite the resolution of maritime disputes, promoting India as a preferred arbitration destination.
- IMDRC also focuses on capacity building, training programs, and research in the field of maritime dispute resolution to enhance knowledge and expertise in this area.
- By promoting efficient and timely resolution of maritime disputes, the center contributes to a more robust and reliable maritime industry in India.
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9 months ago