Foreign Secretary Harsh Vardhan Shringla on Saturday said that India is committed to supporting the dispute resolution sector and encouraging the development of the sub-continent as an important global hub for international arbitration.
Speaking at the third Permanent Court of Arbitration (PCA)-India Conference, Shringla said, "India is committed to supporting the dispute resolution sector and encouraging the development of the sub-continent as an important global hub for international arbitration."
"We have proactively reviewed and modernised our arbitration legislation reflecting international best practices to make sure that our laws stay up-to-date, and support the needs of users of arbitration," he added.
( With inputs from ANI )
Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor