The first decision announcing the establishment of the “Arbitration and Mediation Center of Armenia” was signed today by the founder of the Foundation, namely by Tigran Dadunts as a director of “Center for Legislation Development Foundation”, Kristine Martirosyan from “Armenian General Benevolent Union” and Armenuhi Hovhannisyan from “Armenian Bar Association”.

Arbitration is an alternative dispute resolution process, a powerful tool utilized by individuals, businesses, and organizations to navigate legal disagreements outside the traditional court system. Unlike lengthy court trials, arbitration offers a faster and more streamlined approach, enabling parties to reach conclusive decisions with the help of a neutral and specialized arbitrators.

Mediation is an effective and empowering alternative dispute resolution process that fosters open communication and cooperation. With the guidance of a skilled mediator, all parties involved can actively participate in crafting mutually agreeable solutions, leading to a more lasting and harmonious outcome.