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International Journal of Frontiers in Sociology, 2024, 6(2); doi: 10.25236/IJFS.2024.060205.

Issues Concerning the Validity of Agreements Excluding Rescission Procedures in International Commercial Arbitration

Author(s)

Qi Sun

Corresponding Author:
Qi Sun
Affiliation(s)

Zhengzhou University, Heze, Shandong, 274000, China

Abstract

This article conducts an in-depth study of the effectiveness of agreements excluding revocation procedures in international commercial arbitration. First of all, the paper discusses the definition and characteristics of arbitration, as well as the development trend of international commercial arbitration, and emphasizes the criticality of arbitration agreements in commercial transactions. Subsequently, the role and purpose of the annulment procedure were analyzed, its importance in the arbitration system was analyzed, and the setting of exclusion conditions was studied in depth, paying special attention to the role of the parties' will and negotiation, as well as the specific exclusion clauses in the agreement. A comprehensive examination of arbitration clauses and other alternatives is provided by analyzing the provisions of domestic and international law that exclude revocation proceedings. The paper provides profound theoretical and practical guidance for the parties to formulate agreements to exclude revocation procedures in international commercial arbitration.

Keywords

international commercial arbitration, exclusion of revocation procedure, arbitration agreement, agreement on revocation procedure, will of both parties, exclusion conditions, arbitration clause, dispute resolution mechanism, international law, domestic law

Cite This Paper

Qi Sun. Issues Concerning the Validity of Agreements Excluding Rescission Procedures in International Commercial Arbitration. International Journal of Frontiers in Sociology (2024), Vol. 6, Issue 2: 24-35. https://doi.org/10.25236/IJFS.2024.060205.

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