23 Hrs
Source:
AL24 News
Algeria Creates International Arbitration Office
The Algerian Prime Minister, Saïfi Ghrib, issued an executive decree establishing a General Directorate for International Arbitration, exclusively dedicated to disputes related to international investment. The directorate aims to represent the state and defend its interests before international arbitration bodies, monitor the implementation of arbitration rulings, contribute to the development of relevant legislation, and coordinate contracts with foreign investors. This step is part of efforts to strengthen the management of foreign investment disputes, to abolish previous provisions related to international arbitration within the Ministry of Finance, and to provide a unified institutional framework for this field.
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