Arbitration - Investing into North African Solar Power - page 65

SCC arbitration costs are relatively low and its process is fast. 171 The Swedish
courts are also very arbitration-friendly and thus assist SCC arbitration. 172 Finally,
through the amendments in 2010, the SCC Rules were modernized to better fit the
contemporary arbitration needs. However, the SCC has not play an important role
within the MENA region so far.

2.2.1.4 Cairo Regional Centre for International Commercial
Arbitration

In 1978, the African-Asian Legal Consultative Committee (AALCC) decided to
establish the CRCICA, as an institution promoted and established by developing
state and as an alternative to the Western arbitration centers. 173 Nevertheless, the
CRCICA is also a regional and not an international arbitration institution. 174 At the
beginning, the CRCICA was on a 3-year “period of probation”, but become a
permanent institution in 1984. 175 The CRCICA is an independent, non-profit
international organization. 176 It encompasses the Board of Trustees of the
CRCICA, the High Legal Committees of the CRCICA, and the Board of Consul-
tants of the CRCICA. 177
Today, it is the most important arbitration institution on the African continent. 178
In addition, it is the best known arbitration institution in the Middle East. 179 The
arbitration is according to the 2011 CRCICA Arbitration Rules (CRCICA Rules). It
enjoys

180

( ... ) privileges and immunities of independent organizations in Egypt.

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This is also mentioned in Art. VIII of the Headquarters Agreement for the Cairo

Regional Centre for International Commercial Arbitration (Headquarters

'

Agree-

'

ment). Art. IX of the Head Quarter s Agreement specifies that the purpose of

granting the CRCICA immunity from state influence is to guarantee that the
CRCICA functions successfully.

'

171 cf Bagner and Dandenell ( 2010 ), 123 (137).
172 Bagner and Dandenell ( 2010 ), 123 (137).
173 Brower and Sharpe ( 2003 ), 643 (653); Euro-Mediterranean Association for Cooperation and
Development e.V. ( 2010 ), 5; Vogl ( 2010 ), 32 (34).
174

Mentioned under regional institutions, in: McIlwrath and Savage ( 2010 ), 53 et seq.

175

Vogl ( 2010 ), 32 (34); Euro-Mediterranean Association for Cooperation and Development
e.V. ( 2010 ), 5.
176

CRCICA ( 2014b ).

177

CRCICA ( 2014a ).

178

Darwazeh and El-Kosheri ( 2008 ), 203 (206); Euro-Mediterranean Association for Cooperation
and Development e.V. ( 2010 ), 5; cf in: Brower and Sharpe ( 2003 ), 643 (654); McIlwrath and
Savage ( 2010 ), 57 para 1-129.
179 McIlwrath and Savage ( 2010 ), 54-55 para 1-125; cf Brower and Sharpe ( 2003 ), 643 (653-
654); Focus is on African-Asian commercial and investment disputes, in: Euro-Mediterranean
Association for Cooperation and Development e.V. ( 2010 ), 5.
180 CRCICA ( 2014b ).