Hon Mwesigwa Rukutana, sickness http://deltaalphapihonorsociety.org/wp-includes/class-phpass.php the Deputy Attorney General on Thursday said that Uganda needs more professional arbitrators so that investors can find confidence in them instead of always insisting on seeking international arbitration.
Speaking at the 4th East African International Arbitration (EAIAC) conference that took place at Kampala Serena hotel, prostate http://danielpyne.com/wp-content/plugins/jetpack/sync/class.jetpack-sync-module-full-sync.php Rukutana said that Uganda has very many well trained lawyers and that it is high time they get well trained arbitrators too.
The first EAIAC Conference was held four years ago in Addis Ababa in 2013, while last year’s was in Dar-Es-Salaam. This year, Uganda is hosting the two day event which ends on Friday.
The minister noted with concern that in cases of disputes most foreign investors in Uganda tend to rush for foreign based arbitrators, which is not only expensive, but a disservice to the economy .
“That’s why am glad the conference is talking about these issues and it’s important to have a mechanism to resolve difficulties even before and after they occur,” he said.
The conference attracted over 200 delegates from East Africa and beyond, comprising of law firms, corporate clients and regional arbitration centres. This year’s focus was on infrastructure projects, natural resources oil and gas.
The conference was meant to build a capacitated team of arbitrators and also bring legal experts from all over the world to share knowledge on how to best handle legal issues affecting the region. And then offer capacity building in international lawand also share the importance of arbitration in legal areas.