The Permanent Court of Arbitration’s (PCA) recently announced office of operations in Singapore will greatly enhance its business in the region including India, says a legal counsel for the court.
“The establishment of the new Singapore office is a natural next step for the PCA,” Ashwita Ambast, assistant legal counsel to the PCA, told India Business Law Journal. “A permanent staff presence in Singapore will make PCA services more readily accessible throughout Asia, benefitting both the users of arbitration and the arbitral community,”
The PCA, which is based in The Hague, Netherlands signed an agreement with the Singapore Ministry of Law in July to administer cases held in the city and wider region. “We have provided these services to Indian parties in the past, and believe that the new office will only improve the accessibility of our service offerings moving forward,” said Ambast.
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