Damascus, April 26 (SANA) Syria is preparing to officially launch its first International Arbitration Center, a new institution designed to strengthen the investment climate and provide internationally aligned dispute-resolution mechanisms for domestic and foreign investors.
Judge Mohammad Walid Mansour, head of the committee tasked with drafting the internal regulations of Syria’s International Arbitration Center, said preparatory work is almost complete, with only final procedural steps remaining before the project is formally issued.
He said the center will be the first of its kind in Syria to operate according to international standards and will handle investment, commercial, civil, economic and cross-border arbitration cases.
Officials say the initiative is intended to create a professional, neutral and independent framework for resolving disputes, particularly those linked to investment contracts.
Mansour said the center is expected to help improve investor confidence both locally and internationally by providing a more reliable legal environment and clearer institutional safeguards.
In addition to arbitration, the center is expected to offer mediation, conciliation, settlement and expert advisory services as part of a broader system for alternative dispute resolution.
He added that the institution will maintain qualified rosters of arbitrators who will undergo advanced training to ensure professional standards in case management and rulings.
The center is also expected to sign cooperation agreements with international organizations and arbitration bodies, while publishing specialized studies, legal guidance and a scientific journal focused on arbitration issues.
Syria’s Investment Authority formed the drafting committee in March, bringing together Syrian legal experts and Arab specialists from the UAE, Lebanon, Saudi Arabia, Qatar and Jordan.
Officials said the law establishing the center is expected in the near future.
Kh.A
