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Alternate mechanism for the solution of conflicts to which the parties may submit by common agreement any existing or future controversy subject to transaction, to be solved by an Arbitration Court. Arbitration awards issued by arbitration courts are unappealable.. The validity and effectiveness of an arbitration process is categorical and its decision is not subject to any appeal. To render arbitration effective, the contract made between the parties must include an arbitration clause stating the parties’ willingness to submit controversies to the Arbitration and Mediation Center of the Ecuadorian American Chamber of Commerce Arbitration Court. Arbitration is available both to EACC members and nonmembers.


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