When disputes arise in international trade, the parties involved want to resolve them cost efficiently and quickly and get back to business.
In the last five years, mediation has been increasingly chosen as the preferred method to resolve disputes.
Mediation is a process that allows the parties in dispute to talk and make decisions on their own, thus retaining control of the content of their agreement. Most importantly, mediation restores and maintains business relationships.
Delcy was a guest speaker at the launch of the ICC Mediation Rules in April this year. She has many years’ experience in dealing with international trade disputes involving the interpretation of INCOTERMS.