{"id":41463,"date":"2023-01-05T21:29:51","date_gmt":"2023-01-05T21:29:51","guid":{"rendered":"https:\/\/www.camco.bf\/arbitration\/"},"modified":"2024-06-04T14:36:09","modified_gmt":"2024-06-04T14:36:09","slug":"arbitration","status":"publish","type":"page","link":"https:\/\/www.camco.bf\/en\/arbitration\/","title":{"rendered":"Arbitration"},"content":{"rendered":"\t\t
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\n About<\/span>\n <\/div>\n

\n Arbitration<\/span> <\/h2>\n<\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Arbitration is a judicial method of dispute settlement whereby the parties contractually entrust one or more private individuals, called arbitrators, with the examination of their disputes. The procedure results in a final award, which is binding on the parties and can only be appealed under strict conditions defined by law.<\/p>\n

Arbitration under the aegis of the Centre d’Arbitrage de M\u00e9diation et de Conciliation de Ouagadougou is governed by a set of Arbitration Rules, in line with international standards and modern trends in arbitration law. It provides the business community with high-quality, flexible, rapid and efficient arbitration.<\/p>\n

Procedures last between forty-five (45) days and six (06) months, with the possibility of implementing special procedures, at the request of companies<\/strong>, to meet their specific and urgent needs.<\/p>\n

Various arbitration procedures are therefore available to the parties, ranging from the ordinary procedure to the accelerated procedure, including the summary arbitration procedure and the special procedure for the recovery of certain claims.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t

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\n Arbitration<\/span>\n <\/div>\n

\n The Benefits<\/span> <\/h2>\n<\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\r\n Speed <\/div>\r\n
The average duration of the ordinary procedure is three (03) months, with a decision, the award, which can only be appealed under well-defined conditions.<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\r\n Confidentiality <\/div>\r\n
CAMC-O arbitration procedures are strictly confidential. Hearings and meetings are held behind closed doors to ensure that the existence of a specific dispute is not disclosed.<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\r\n Flexibility of the Procedure <\/div>\r\n
The parties can choose the procedures that suit them within the framework of the arbitral process, as well as the place and language of arbitration, and the law applicable to their arbitration procedure.<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t
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\r\n Freedom to Choose the Arbitrator(s) <\/div>\r\n
The choice of arbitrator is not subject to any particular restrictions. The arbitrator can be Burkinab\u00e8 or of any other nationality. However, they must be and remain independent and impartial towards the parties. To this end, CAMC-O provides the parties with a list of competent and qualified arbitrators, approved by it, who can be appointed according to the specificity of the dispute and the choice of the parties.<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\r\n Scope of the Award <\/div>\r\n
The arbitration procedure ends with the rendering, by the arbitral tribunal, of an enforceable judicial decision called an arbitral award, whose effects are equivalent to those of a judgment rendered by the judicial authority, once it is given exequatur.<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t <\/div>\n <\/section>\n \t\t\t<\/div>\n\t\t<\/div>\n\t\t <\/div>\n <\/section>\n
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\n Process<\/span>\n <\/div>\n

\n CAMC-O Arbitration Procedure<\/span> <\/h2>\n<\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The arbitration procedure is governed by rules drawn up by CAMCO. These rules set out the various stages of the procedure, the procedures for selecting arbitrators, the rules of evidence, etc. The procedure can be oral or written, depending on the wishes of the parties. It can also be carried out in parallel with ongoing legal proceedings.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t

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\r\n Referral <\/div>\r\n
Referral modalities according to legal or contractual provisions<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\r\n Arbitrator's Position <\/div>\r\n
Independence, impartiality, availability, skills, and professionalism<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t
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\r\n Conduct <\/div>\r\n
Different stages: presentation, pleadings and debates, decision<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\r\n Notification of Decision <\/div>\r\n
Notification and execution modalities<\/div>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n \r\n\r\n\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t <\/div>\n <\/section>\n \t\t\t<\/div>\n\t\t<\/div>\n\t\t <\/div>\n <\/section>\n
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\n Detailed Arbitration Procedure<\/span> <\/h3>\n<\/div>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tStages of an arbitration procedure at CAMC-O <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t