Parties are able to select arbitrators with expert knowledge on a specific sector.

Arbitration is quicker than national courts.

The outcome of the arbitral process will be a binding decision and not just a recommendation that the parties are free to accept or reject.

Each party is given the opportunity to select arbitrators who are independent and impartial.

An arbitral proceeding may be tailored to meet the specific requirements of the dispute, rather than conducted in accordance with fixed national procedural law rules.