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Law -> Civil and Commercial Law
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How do legal experts perceive the role of arbitration in resolving disputes relating to international investment law?
Legal experts think using arbitration is a good way to solve problems between countries about investing money.
Investing means when one country puts money into another country to make things better, like building a factory or starting a business.
Disputes are when there is a disagreement or problem between the investors and the other country they put their money into.
Arbitration is when a group of people who know a lot about the law listen to both sides of the problem and decide on a solution.
These legal experts believe that using arbitration is better than going to court because it is usually faster and less expensive. It also allows the two sides to work together to find a solution, rather than one side winning and the other side losing.
Overall, legal experts think arbitration is an important tool for resolving disputes related to international investment law and helps keep things fair and balanced.
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