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Disputes can be settled through various
means and the Kuala Lumpur Regional
Centre for Arbitration (KLRCA) was
established in 1978 in the capital of
Malaysia to offer the best available
resolution outside of court.
Under the auspices of the
inter-governmental international law
body, the
Asian-African Legal Consultative
Organisation, the Centre
provides a neutral system for the
settlement of disputes in trade,
commerce and investment within the
Asia-Pacific region.
KLRCA's main functions are:
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to promote
international commercial
arbitration in the Asia-Pacific
region;
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to administer
international and domestic
arbitration under the Rules of
the Centre (UNCITRAL Rules with
modifications);
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to render assistance in the
enforcement of awards;
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to provide other options for the
settlement of disputes such as
mediation/conciliation under the
Conciliation Rules of the
Centre. |
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to administer international and
domestic .my domain name dispute
resolutions under the Policy and
Rules of MYNIC and Supplemental
Rules of the Centre; and |
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to render advice and assistance
to parties who may approach the
Centre. |
Parties to a dispute are entitled to
resolve their dispute in accordance to
the Rules of the Centre whether the
dispute is of international character or
domestic.
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