Arbitration agreement: requirements, form and content by Hesham Elrafei Fciarb

 

What are the criteria\requirements for an effective, valid arbitration agreement?

An effective, valid arbitration agreement must meet the following criteria:

	the agreement is in writing;
	it deals with existing and future disputes;
	disputes related to defined legal relationships, whether contractual or not;
	Dispute capable of settlement by arbitration (arbitrability).
	Legal capacity of the parties.
	The agreement must be valid.

What are the 2 options under article 7 of the UNCITRAL model law regarding the writing requirement of an arbitration agreement?
	Option I of the Model Law: writing but no signature required The agreement shall be in writing in the Option 1 version of the Model Law (2006). There is no requirement that the parties sign the arbitration agreement.
	Option 2 of the Model Law: No requirement