SAARC Conciliation

Conciliation is an alternative out-of-court dispute resolution instrument. The parties seek to reach an amicable dispute settlement with the assistance of the conciliator, who acts as a neutral third party.

Conciliation is a voluntary, flexible, confidential, and interest based process, where the parties involved are free to agree and attempt to resolve their dispute by conciliation. The process is agile, allowing parties to define the time, structure and content of the conciliation proceedings. These proceedings are rarely public. They are interest-based, as the conciliator will, when proposing a settlement, not only take into account the parties' legal positions, but also their commercial, financial and / or personal interests. In conciliation, the ultimate decision to agree on the settlement remains with the parties.

SARCO has developed its own Conciliation Rules for the procedure to be adopted during the conciliation proceedings.