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国际贸易实务英文;Learning objectives;9.1 Commodity Inspection;9.1.1 Time and place of inspection ;9.1.1 Time and place of inspection;9.1.1 Time and place of inspection;9.1.2 Inspection Bodies;9.1.2 Inspection Bodies;9.1.3 Inspection Standard;9.1.4 Inspection Certificate;9.1.5 Inspection clause ;9.1.5 Inspection clause ;9.2 Disputes and Claims ;9.2.2 Claims ;9.2.3 Claim clause ;9.2.3 Claim clause ;9.2.3 Claim clause ;9.3 Force Majeure ;9.2.3 Claim clause ;9.3.1 Scope of Force Majeure Events ;9.3.1 Force Majeure Clause ;9.3.2 Consequences of Force Majeure Events ;9.4 Arbitration ;Difference between arbitration and mediation
Arbitration
Involving an impartial third party
Like an less formal court, the arbitrator hears evidence and makes a decision
The decision is final
mediation
Involving an impartial third party
The mediator gives suggestions to the solution of disputes, but
They do not reach a solution unless all sides agree.;Difference between arbitration and litigation
the way to submit arbitration or litigation
arbitration: submission to arbitration made on the agreement of both parties in advance
litigation: submission to litigation made unilaterally by one of the parties
the appointment of arbitrator or judge
arbitration: appointed by the parties themselves and the third appointed by the arbitration institution
litigation: appointed by the government;Difference between arbitration and litigation
the effectiveness of an award or verdict
arbitration: award is final and binding on both parties with no right given to revision before a law court
litigation: verdict is not final, ie. If one party refuses, he can retain the right to appeal to a higher court
Arbitration is simpler, less costly and time-consuming and more flexible, therefore is more favorable in dispute settlement. ;Applying for arbitration
Application shall be made in written form
the name address of the claimant and the claimee
the arbitration agreement
the facts of the disputes
the claimants c
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