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... Arbitration Introduction Arbitration today is commonly used to resolve commercial disputes most specifically in the context of international commercial transactions although labour, consumer, investors, family and even states disputes are encompassed. Whilst the creation of the Court symbolised the development of methods for the peaceful settlement of international disputes, the origins of which can be said to go back to classical times. But specifically, Article 33 of the United Nations Charter listed down the following methods for the pacific settlement of disputes between States: negotiation, enquiry, mediation, conciliation, arbitration, judicial settlement, and resort to regional agencies or...