Network Agreement on Regional Cooperation in arbitration matters

Bonn, Germany, April 2012 – Permanent Tribunal of Arbitration (PTA) has signed the Network Agreement on Regional Cooperation in arbitration matters. Signatories to the agreement are Croatia, Albania, Bosnia and Herzegovina, Montenegro, Macedonia, dhe lastly the German Institution of Arbitration (DIS), which is also the main supporter of this agreement.

This cooperation agreement above all others promotes cooperation between the institutions in developing arbitration, exchanging information on the recent developments of the field, and exchanges of arbitrators between the institutions.

The latter agreement is considered as an achievement and it offers a firm foundation for the continuation of the development of arbitration, as an alternative dispute resolution in Kosovo.