PCA signs Cooperation Agreement with Seoul IDRC

At a ceremony held on 23 October 2014, a cooperation agreement between the PCA and the Seoul International Dispute Resolution Center (Seoul IDRC) was concluded.

The cooperation agreement establishes a framework for both organizations to join forces in the promotion of international arbitration and in raising awareness about developments in the field. In addition, it formally recognizes the benefits of cooperation among international arbitral institutions.

On a practical level, under this agreement, the PCA will be able to hold hearings and meetings at the facilities of the Seoul IDRC and be assisted with the arrangement of local support services for such events.

(PCA Senior Legal Counsel Sarah Grimmer presents the cooperation agreement signed by the PCA Secretary-General Hugo H. Siblesz to the Chairman of the Executive Committee of the Seoul IDRC, Professor Shin Hi-Taek.)

The PCA has also signed cooperation agreements with other arbitration institutions and international organizations worldwide, such as the International Centre for the Settlement of Investment Disputes (ICSID), American Arbitration Association (AAA), China International Economic and Trade Arbitration Commission (CIETAC), Association for the Promotion of Arbitration in Africa (APAA), Australian Centre for International Commercial Arbitration (ACICA), Singapore International Arbitration Centre (SIAC), Hong Kong International Arbitration Centre (HKIAC), Dubai International Arbitration Centre (DIAC), Bahrain Chamber for Dispute Resolution (BCDR-AAA), Center for Arbitration and Conciliation of the Bogotá Chamber of Commerce (CAC-CCB), CAM-CCBC (Arbitration and Mediation Center of the Brazil-Canada Chamber of Commerce), Inter-American Court of Human Rights (IACHR), Organization of American States (OAS), Arbitration Foundation of Southern Africa (AFSA), and Central American Court of Justice (CACJ).