Introduction
UNCITRAL adopted the expedited arbitration provisions ("Expedited
Rules") on July 2021. The EAPs entered
into force on 19 September 2021. UNCITRAL has also published a
detailed draft explanatory note regarding the Expedited Rules.
According to the draft Explanatory Note, an expedited
arbitration is a "streamlined and simplified procedure with a
shortened time frame, which makes it possible for the parties to
reach a final resolution of the dispute in a cost – and time
– effective manner".
Expedited arbitration proceedings already exist in various
arbitration rules, which usually provide for the appointment of a
sole arbitrator, a simplified procedure (e.g. no terms of reference
or oral pleadings), and a limited timeframe for the arbitrator to
render an award (usually six months).
