TRAC is working on the revision of the TRAC Rules of Arbitration. We are calling for feedback on the current rules, information and ideas from all our readers and users.  
 
On February 6, 2017, a cooperation agreement was concluded between the Permanent Court of Arbitration (PCA) and the Tehran Regional Arbitration Centre (TRAC).  
 
The United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (the "Mauritius Convention on Transparency") will enter into force on 18 October 2017.  
 
On December 12, 2016, TRAC and the Istanbul Arbitration Centre (ISTAC) hosted a joint conference in Paris in cooperation with Derains&Gharavi Law Firm.  
 
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TRAC signed Cooperation Agreement with PCA
On February 6, 2017, a cooperation agreement was concluded between the Permanent Court of Arbitration (PCA) and the Tehran Regional Arbitration Centre (TRAC).

The cooperation agreement establishes a framework for the two organizations to join forces in the promotion of arbitration as a means for the peaceful settlement of international disputes, and in raising awareness about developments in the field. In addition, it formally recognizes the benefits of cooperation among international arbitral institutions.

On a practical level, under this agreement, each institution will be able to hold hearings and meetings at the other’s premises, and will assist with the arrangement of local support services for such events.