Tehran Regional Arbitration Centre

General information

Official name Tehran Regional Arbitration Centre
Address 140, Shahid Mousavi st.
City Tehran
Country Iran, Islamic Republic of
Telephone (9821) 88 32 41 82 / 83
Fax (9821) 88 32 41 84
URL http://www.trac.ir/
Email secretariat@trac.ir
Presentation
The Tehran Regional Arbitration Centre (TRAC) has been established under the auspices of the Asian-African Legal Consultative Organization (AALCO), pursuant to a resolution adopted by the AALCO in 1987 and an agreement signed in 1997 with the Islamic Republic of Iran.
Functions
Its functions are: conducting arbitrations; promoting international commercial arbitration; coordinating the activities of, and offering assistance to, the existing arbitration institutions in the region; providing assistance to ad hoc arbitrations, including acting as appointing authority, particularly in cases where they are taking place in accordance with the UNCITRAL Rules; providing assistance in the enforcement of arbitral awards; and, more generally, providing assistance in the settlement of disputes.


Last update : 2006-06-12