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State Laws & Rules > Arbitration and Reconciliation Laws
 
  Civil and Commercial Procedure Code
Chamber of Commerce & Industry
Judicial Arbitration
 
 

3. Chamber of Commerce & Industry, Kuwait ( KCCI) Regulations
The Commercial Reconciliation and Arbitration System is considered as a favored procedure than raising a case at the Court due to the relatively quick decision taking and solution reached, less cost, and the simplicity of procedure, besides keeping the friendly relations between the parties concerned. Based on that and to keep pace with the developments of the Kuwaiti Economy and the evolution and growth of its global relations, the Kuwait Chamber of Commerce and Industry decided to develop its commercial reconciliation and arbitration system. The Kuwait Chamber of Commerce and Industryadvises its members and companies as well as all others indulged in the economic life, who like to solve their commercial disputes by the reconciliation and arbitration system to include in their contracts one of the following conditions:

Reconciliation Condition :
Any dispute resulting from this contract should be referred to reconciliation in accordance with the conditions stipulated in the Reconciliation and Arbitration System of Kuwait Chamber of Commerce and Industry.

Arbitration Condition :
Any dispute whatsoever which may arise from this contract, its execution, or its cancellation is to be referred to arbitration in accordance with the conditions stipulated in the Reconciliation and Arbitration System of Kuwait Chamber of Commerce and Industry.

Reconciliation and Arbitration Condition :
Every dispute which may arise from this contract, its execution, or its cancellation may be referred to Reconciliation, and in case it is not finalized, then the dispute should be referred to arbitration in accordance with the conditions stipulated in the Reconciliation and Arbitration System of Kuwait Chamber of Commerce and Industry.

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