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Libya holding the first international conference of conciliation and arbitration

On Saturday, 14 March, the Conciliation and Arbitration Council of the Benghazi Chamber of Commerce, Industry and Agriculture will hold “the first international conference of conciliation and arbitration in Libya” under the slogan “The impact of arbitration and mediation on development, construction and investment projects’’.

The meeting will be held at the Ministry of Economy’s Garyounis Hall, Benghazi, with the participation of a group of arbitrators in the field of conciliation and international arbitration from local experts and some Arab countries.

The implementation of the judgment of the arbitrators and the supervisory role of the Libyan judiciary on conciliation and arbitration, along with the role of conciliation and arbitration in pushing development and investment projects will be among the major themes of this meeting.

According to Benghazi Chamber, the conference will highlight the role of conciliation and arbitration in driving development and investment. Moreover, it aims at localizing the role of conciliation and arbitration and spreading its importance in resolving contractual disputes.

Benghazi Chamber stressed that the conference will call for the development of the legislative and legal environment for arbitration in Libya and will review agreements and treaties related to development and investment.

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