Arbitration clause

What is Arbitration clause?

Names the forum and rules for resolving a dispute — for Korean export contracts usually the KCAB in Seoul or the SIAC in Singapore. Cheaper and faster than cross-border litigation, and the award is enforceable under the New York Convention.

At a glance

Category

Trade & logistics

Also known as

중재 조항

Korean term

중재 조항

Last reviewed

July 23, 2026

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