An ambitious plan to establish a unified hub for international conflict resolution – named the Global Justice Bay – has been revealed by a leading arbitration expert.
An educational institution, the Pearl Academy for Neutral Justice, will also be established, according to Council for International Dispute Resolution secretary-general Marike Paulsson.
Under one roof, the bay will house the Bahrain Chamber for Dispute Resolution (BCDR), Bahrain International Commercial Court (BICC), the Hague’s Permanent Court of Arbitration, the academy and more.
His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, had referred to the Global Justice Bay during his speech at the inauguration of the King Hamad Forum for Justice at Isa Cultural Centre in Juffair on Wednesday.
The announcement was made during the official launch of the BICC.
“The Global Justice Bay is a hub with institutions that provide services for resolving international disputes in trade,” Ms Paulsson, who is also the BCDR’s vice-chair, told the GDN.
“His Majesty the King had a vision for many, many years to establish a hub for international arbitration,” she said, adding it was the King’s idea to model it after the Maxwell Chambers in Singapore.
“We’re building relationships with other leading institutions in the world, to bring them all to Bahrain, to have Bahrain become a thought leader and an advocate for international law.”
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