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