Africa-Press – Angola. Jurist Alexandra Gonçalves recognized this Thursday, in Luanda, the importance of arbitration in resolving disputes for speedy and specialized justice, aiming to attract greater private investment with economic and social benefits.
These considerations were made during the XII International Arbitration Conference of Luanda (CIAL), which took place at the BAI Academy facilities, and aimed to promote debates and share knowledge about arbitration
Speaking to the press, Alexandra Gonçalves highlighted that arbitration constitutes an alternative to judicial courts, as it is less costly and faster.
For this reason, and aiming to make it a reality, the jurist highlighted the fact that the Angolan authorities have framed it in the national legal system.
However, according to the expert, as in administrative law, there are some elements missing for the use of arbitration to actually be a success in the country.
Regarding the cases resolved within the scope of the Arbitral Court, he said that as it is a private means for resolving disputes, it is difficult to provide figures, as there are no publications of arbitration awards in practice at the country level.
Under the motto “Partnerships for a Sustainable World”, the event aimed to promote debates on Arbitration in Angola and the world, taking into account its importance and alternatives for resolving cases.
In this edition, topics related to Arbitration in Public Procurement, Investment Arbitration and Arbitration and ESG (Environmental, Social and Governance) were covered and featured national and foreign speakers, with emphasis on Carlos Feijó (Angola) and Cristina Mastrobuono ( Brazil).
Arbitration is a procedure that aims to resolve conflicts in a wide range of areas (as long as it involves property and the object in conflict is negotiable – property rights are available).
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