ARBITRATION IN CHINA AND ASEAN: ISSUES AND CHALLENGES

This paper seeks to explore key issues and challenges impacting trade business disputes between China ASEAN countries. Arbitration has become increasingly popular as a dispute resolution mechanism in ASEAN, especially with the rise of cross-border transactions foreign investment. However, there are several associated arbitration region. One major challenge is lack uniformity clarity legal framework. There diverse system region, inconsistency laws regulations makes it difficult for parties agree on process. Another shortage qualified arbitrators which can lead delays affect quality awards. The cost also an issue, transparency structure create parties, further delaying public awareness education about another challenge, opting traditional litigation methods. Finally, process mistrust among affecting credibility Addressing these will require collaboration governments, institutions, stakeholders region ensure effectiveness efficiency