Togo to Strengthen Alternative Dispute Resolution (ADR)

Lome, Togo – March 28, 2011 –The Investment Climate Facility for Africa (ICF) signed an agreement with the Government of Togo and the Togolese Chamber of Commerce and Industry to support a project to strengthen alternative dispute resolution in the country.

The project to be implemented by the Chamber’s Court d’Arbitrage de Togo (CATO), will provide an effective alternative to the traditional commercial litigation by (i) putting CATO into operation (ii) revising its arbitration rules, (iii) training of arbitrators and professionals of the legal sector, (iv) promoting arbitration and mediation as a mechanism to resolve commercial disputes and (iv) ensuring a fast enforcement of arbitration rulings by the Judiciary.

Honorable Dédé Ahoéfa Ekoué, Minister in the Service of the President of the Republic of Togo in charge of Planning, Development and Management of the Territory said, “The Government of Togo is keen on introducing reforms that will improve the investment climate in the country. We look forward to improvements in resolving commercial litigation that will be brought about by the establishment of alternative dispute resolution. We would like to thank ICF for their valuable support to this project. We believe that the changes will be beneficial to the business community and to Togo”

Omari Issa, Chief Executive Officer of ICF said: ”The ADR mechanism will be highly beneficial to the private sector as it provides an alternative to settling commercial disputes through arbitrators and mediators who  are familiar with the needs of business. We are confident this will lead to an improvement in the investment climate in Togo.”

For more information on ICF, or to find out how you can get involved, please visit www.icfafrica.org

The Investment Climate Facility for Africa

Stay with Sierra Express Media, for your trusted place in news!

© 2011, https:. All rights reserved.