Arbitration and mediation have long been an important dispute resolution mechanism for a variety of international business disputes. A number of Asia-Pacific jurisdictions are very active in promoting international arbitration and mediation. Further, some jurisdictions also promote “international commercial court”. Although Japan has not traditionally been viewed as a significant proponent of international arbitration and mediation, this is quickly changing. In June 2017, the Japanese Government published its policy to develop a foundation to activate international arbitration. In February 2018, the Japan International Dispute Resolution Centre, or JIDRC, was incorporated, which began operating their state-of-the-art permanent arbitration facilities in Osaka in May 2018. The JIDRC plans to launch similar facilities in Tokyo by March 2020. Additionally, the Japan International Mediation Centre-Kyoto, or JIMC-Kyoto, became available to the global mediation community in September 2018.

In light of recent developments in various Asia-Pacific jurisdictions, the panel will discuss the strategic considerations to be paid in adjudicating international business disputes, including the right choice of seat and venue for litigation, arbitration and/or mediation. As arbitration and mediation is an increasingly preferred method of dispute resolution in regards to international commercial and financial matters, this plenary session is recommended to all of participants.