Dispute Resolutions from the Field of Economy VIA Contracting Competence through Arbitration in the Republic of Kosovo

Abstract

In terms of globalized economy, the integration trade cooperation process between state institutions, international organizations, and business entities are being followed by a dynamism regarding creation, modification, and termination of relations through the contracts which are now more standardized. Good business practices offered a good experience in terms of solving disputes on business transactions, local or international, security, efficiency and speed of trialing are enforced only if this issue is foreseen and contracted with special courts of arbitration. The role of arbitration on international trade, before all it is not only the solution of disputes. The arbitration has its mission before itself to build a fair trading practice and legal – business principle – bona fides.

DOI: 10.5901/ajis.2016.v5n1p31