International Chamber of Commerce (ICC) continues to be the world's leading organization in the field of international commercial dispute resolution. The International Court of Arbitration has pioneered international commercial arbitration, which continues to be in practice today.

The ICC's Rules of Arbitration, which provide a means for settling disputes in a final and binding manner, are the best known of these services.

Established in 1923 as the arbitration body of ICC, the International Court of Arbitration has pioneered international commercial arbitration. The Court took the lead in securing the worldwide acceptance of arbitration as the most effective way of resolving international commercial disputes. Most of the members of the present World Trade Organization access the services of ICC since its creation. Rapidly growing world economy will find its services indispensable.

Other Services extended by ICC for dispute resolutions falls under different categories of Dispute Resolution Options

ADR - Dispute Resolution Services
 
The ICC ADR Rules offer a framework for the amicable settlement of commercial disputes with the assistance of a neutral. Parties to the dispute to choose the settlement mechanism. The neutral assists in arriving at a solution acceptable to each other through negotiation, a mini trial.

Expertise - Dispute Resolution Services
 
This mechanism of dispute resolution involves in the proposal of experts, their appointment and the administration of expertise proceedings. When administering proceedings, the Centre appoints or confirms experts, initiates and supervises various aspects of the procedure, and reviews and issues the expert's report. Areas covered are matters concerning contract prices, evaluation of shares, interpretation of contractual provisions, the operational capacity and performance of production units, the condition of machinery with a view to its buy-back price etc. It also extends assistance to dispute adjudication boards in international construction projects.

Docdex – Dispute Resolution Services
 
Established by the ICC Banking Commission to facilitate rapid settlement of disputes arising under the Uniform Customs and Practice for Documentary Credits (UCP), the Uniform Rules for Bank-to-Bank Reimbursement under Documentary Credits (URR), the ICC Uniform Rules for Collections (URC), or the ICC Uniform Rules for Demand Guarantees (URDG).

The Objective of DOCDEX is for arriving at a speedy and reliable dispute settlement mechanism.

Pre - Arbital Referee Procedure
 
It may be noted that the ICC's Pre-Arbitral Referee Procedure complements these Rules. It was introduced in 1990 to provide parties with an alternative to Courts of law in obtaining urgent interim relief in connection with international commercial disputes.

Summary
 
In order to use the various arbitration related services, it may be prudent to have such Arbitration Clauses incorporated in the contracts, its scope, acceptability on findings and other such pertinent factors as found necessary on a case to case basis. It is only in such cases arbitration related disputes can find amicable settlements.