About Us

The South Asian States met in Dhaka Bangladesh in 1985, and decided to establish South Asian Association for Regional Cooperation (SAARC) in order to foster closer relationship among the member nations and also to assist each others in their development strategies. Having studied the importance of alternate dispute resolution mechanisms available in the world, in 2004 the Council of Ministers, at its 243 session held in Islamabad Pakistan decided to establish Conciliation and Arbitration mechanism for the region under the auspices of SAARC. Hence in 2005 the agreement for establishment of SAARC Arbitration Council was signed at the summit in Dhaka, Bangladesh.

VISION

To be the most sought Arbitration Forum in the region, by becoming a centre of excellence for Alternate Dispute Resolution.

MISSION

To provide fair, inexpensive, expeditious and high quality arbitral and conciliatory services to resolve trade, commercial, investment and disputes of similar nature in order to facilitate the expansion of business activities in the region.

OBJECTIVES and FUNCTIONS of the Council are to:

-Provide a legal framework within the region for fair and efficient settlement through conciliation and arbitration of commercial, investment and such other disputes as may be referred to the Council by agreement;
-Promote the growth and effective functioning of national arbitration institutions within the region;
-Provide fair, inexpensive and expeditious arbitration in the region;
-Promote international conciliation and arbitration in the region;
-Provide facilities for conciliation and arbitration;
-Act as a coordinating agency in the SAARC dispute resolution system;
-Coordinate the activities of and assist existing institutions concerned with arbitration, particularly those in the region;
-Render assistance in the conduct of ad hoc arbitration proceedings;
-Assist in the enforcement of arbitral awards;
-Carry out such other activities as are conducive or incidental to its functions.