About International Agro Arbitration Centre
Agriculture is an incredibly diverse sector. From contributing to the economy to reflecting the cultural heritage, agriculture plays a key role in shaping the progress of any nation. Post WTO food and agro trade has significantly grown to over $2 trillion and a large number of companies have gone global today with trade, technologies and businesses. While USA, Netherlands, Germany and Brazil occupy top positions in agro food exports, India alone is exporting agri products to more than 150 countries in the world, accounting for more than $55 billion and importing close to $25 billion.
While the rising trade of agriculture comes with its own benefits, the disputes arising within the agro trade industry can hinder its efficiency in several ways. These disputes refer to conflicts that arise in situations such as trade or business contracts or shareholders disagreements for clients involved in the agriculture industry or agro-food trade. The disputes may crop up for a variety of reasons; contract disputes, nuisance claims, produce quality, patent and IPR infringements, payments and debt recovery, among others.
Bearing in mind the gravity of such issues, IAAC, a unique agro sector focused arbitration centre, has been incepted to provide a forum to address the challenges and mitigate the negative effects that disputes can have on productivity, relationships, costs, ultimately promoting a more productive and efficient agro trade and businesses globally.
The International Agro Arbitration Centre (IAAC) is a leading institution that provides alternative dispute resolution services to the agro food industry worldwide. The IAAC offers arbitration, mediation, and expert determination services to resolve disputes that may arise in the agri sector.