India is committed to support dispute resolution sector, says Shringla

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 )