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Tehran Regional Arbitration Centre (TRAC) is an independent international organization under the auspice of the Asian-African Legal Consultative Organization (AALCO). TRAC has been established pursuant to the Agreement signed on 3 May 1997, between the Islamic Republic of Iran and ALLCO.

TRAC Rules of Arbitration are essentially based on the UNCITRAL Rules and provide the largest possible freedom for the parties in order to decide on different aspects of the proceeding.

Considering its central position in the South West Asia and the Persian Gulf, TRAC is one of the most favorable forums in the region for conduct of international arbitrations.

ARBITRATORS

TRAC is proudly working with tens of reputed and famous international arbitrators worldwide …

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ABOUT AALCO

The Asian-African Legal Consultative Organization (AALCO), originally known as the Asian Legal …

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CALCULATOR

Need to know the costs of your arbitration? Use our simple online calculator to find out in few seconds…

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