HAVING A GENERAL GLANCE TO ARBITRATION
The delocalisation of international commercial arbitration has been known as a consequence of the need for the harmonisation of the world economy, and in the trend away from national jurisdiction. The growing number of international transactions causes an increase in the occurrence of the application, notably by arbitral tribunals. Delocalisation theory is based on the idea of freeing international arbitration from the law of the place of arbitration, or the lex arbitri.