NOTES AND RELECTIONS
SHAPING GLOBAL RELATIONS THROUGH INTERNATIONAL
ARBITRATION: RECENT TRENDS AND OPTIONS
MISHA BAHMANI
drmishabah@gmail.com
Assistant Professor in IILM University, Gurugram, India. She was awarded doctorate of
philosophy from Guru Gobind Singh Indraprastha University, Delhi (India). Her academic and
research interests lie in the domain of International Commercial Arbitration, Alternative Dispute
Resolution, Cyber Law, and Environmental Law. She completed her Master’s in Law from Queen
Mary University of London and the National Law School of India University. Her doctoral research
specializes in the domain of International Arbitration. https://orcid.org/0009-0005-3131-5034
The nations across the globe continue to struggle due to lasting impact of Covid-19
pandemic. This has resulted in the weakening of the commercial relationship between
the countries. To enhance investors’ participation, it is must that its dispute resolution
mechanism should be effective in reality. International arbitration has been a great
support in strengthening relationships with investors. Unfortunately, this pandemic has
disrupted many nations’ FDI inflow in the last two years. The 2022’s FTI Consulting report
has reflected on the changes which have been incorporated into the international
arbitration practice after this pandemic.
This paper will demarcate the current trends which have been followed across different
industries and geographies to indulge in international arbitration practice. Queen Mary’s
2021 International Arbitration survey has shown the various factors which have affected
the positioning of the “destination seat”. Welcoming technology in arbitration would be
beneficial for accepting it as the mode for settling disputes. This will guide the nations in
improving their performance and will be maintaining their contractual obligations. The
developing economies must indulge in such practices to overcome their challenges. By
maintaining ethnic diversity and security the parties would be able to maintain
international standards for fostering global relations.
Introduction
Since the world is hit by economic and financial loss by the Covid-19 pandemic investors’
participation has been very limited. With a huge amount at stake, the cross-border
relationship has been impacted by this pandemic which has resulted in disputes between
the parties. International arbitration practice has been beneficial in resolving matters
confined to trade activities. To maintain and enhance GDP it is essential to indulge in
those activities which are useful in maintaining economic balance. The World Bank has