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Official name | The Korean Commercial Arbitration Board |
Address | Trade Tower Rm. 4303, World Trade Tower, Gangnam-gu |
City | Seoul |
Country | Korea, Republic of |
Telephone | (82) 2 551 2000 |
Fax | (82) 2 551 2020 |
URL | http://www.kcab.or.kr |
Presentation | Founded in 1966,the Korean Commercial arbitration Board is the only officially recognized arbitration and mediation body in the Republic of Korea. |
Functions | The Board is dedicated to the prevention of commercial disputes through consultation and to the settlement of commercial disputes under its Rules, through arbitration, conciliation or mediation.
The Board maintains a panel of arbitrators comprising Korean and foreign arbitrators. |
Services | - has offices in Seoul and Pusan staffed with experienced counsellors; - offers a free consultation service for formulating contracts and providing information about preventing and solving disputes. Generally, an in-visit is recommended, but telephone or fax consultations are possible. |