Tortola, British Virgin Islands, 24 July -- In its first-ever outreach initiative directed at youth of the British Virgin Islands, the BVI International Arbitration Centre is excited to host a student debate focusing on dispute resolution on Friday, 27 July, in partnership with the Youth Empowerment Project (YEP).
During a “working lunch” at the Centre, fifteen students from YEP will plunge for the first time into the world of dispute resolution. Divided into two teams of six, they will research the subjects of litigation vs. arbitration--the two major methods of dispute resolution in the business world--and engage in a vigorous debate about the advantages and disadvantages of each.
According to Francois Lassalle, Chief Executive Officer of the Centre, the programme is the first-ever youth programme of its kind in the BVI focusing solely on arbitration, and YEP, a nonprofit youth organisation founded in 2007 providing opportunities and activities for young people, is the ideal partner for it.
“YEP BVI has been a highly respected youth organisation in the community for many years, and we love what they stand for, as well as their commitment to exposing young people to new and diverse opportunities,” he said. “With the BVI rapidly becoming a major arbitration hub in the Caribbean and beyond, some of the most important work we do at the centre is educating young people about our industry and helping to ensure bright future for arbitration in the territory. We believe this programme is an exciting first step toward sowing the seeds for future arbitrators in the BVI.”
Topics the students will explore in their preparations for the debate will include the different types of litigations and arbitrations, the backgrounds of the people who conduct these proceedings in the BVI, and why jurisdictions strive to make themselves attractive to host arbitration proceedings.
Teams will be judged on the clarity of their argument, knowledge, content and consistency, as well as on their presentation, which includes preparedness, poise and delivery. The aim is to introduce students to dispute resolution who may not have had previous exposure to the field, while helping them hone skills such as research, debate, public speaking and critical thinking.
About the BVI IAC
The BVI International Arbitration Centre (BVI IAC), an independent not-for-profit institution, was established to meet the demands of the international business community for a neutral, impartial, efficient and reliable dispute resolution institution in the Caribbean, Latin America and beyond.
The Arbitration Act, through which the BVI largely adopted the UNCITRAL Model Law, and the BVI's accession to the New York Convention on 25 May 2014, are crucial steps, which made possible the establishment of a viable and internationally respected arbitration centre in the BVI.
Lord Goldsmith singled out the BVI International Arbitration Centre as having the potential to become the “best thought out and thus most popular” centre in the region.
A well run and well equipped ‘state of the art’ centre, together with the acknowledged quality of the BVI legal framework and the stable political environment offered by a British Overseas Territory, should enable the BVI to rapidly become a leading arbitration hub in Latin America, the Caribbean and beyond.
Disclaimer
This article was posted in its entirety as received by SKNVibes.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of SKNVibes.com, its sponsors or advertisers
.jpg)
British Virgin Islands News