On The Research Of The Validity Of International Commercial Arbitration Agreement

With the China's entry of WTO and its fast economic development, foreign trade and business will undoubtedly increase. Thus economic disputes occur accordingly. How to solve such disputes and what is an efficient way of solving them is not only a problem to the participants involved, but a subject to each state's legislative body and to scholars. Participants involved in the world trade and business have right to choose way of solving disputes between them, and arbitration which is regarded as an important way of solving international economic disputes like litigation, becomes their satisfactory choice in view of its merits compared to litigation. It has great significance to do some research on the validity of international commercial arbitration agreement for it is the basis of the international arbitration as well as a crucial document to international arbitration.In this thesis paper, the writer will mainly focus on some important aspects, which are closely related to the validity of international commercial arbitration agreement, such as the concept of the international arbitration, the condition of its validity etc., giving some constructive advice to the China's Arbitration Law reform so as to better the legislation and practice of Chinese Arbitration Law.