THE DEVELOPMENT OF VIRTUAL ARBITRATION AS A WAY TO INCREASE TRANSPARENCY IN DISPUTE RESOLUTION USING THE EXAMPLE OF INTERNATIONAL ARBITRATION CENTERS IN EGYPT (CRCICA), KENYA (NCIA) AND MAURITIUS (MIAC)
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Abstract
In recent years, the countries of the African continent have been increasing their pace of development in digitalization and virtualization of both the public and private sectors. Increasingly, digital processes are making many African countries attractive as part of investments and partnerships with companies in the region. It remains an absolute fact that in most countries where the digital revolution is beginning to take over the spheres of society and the state itself, legislation is also beginning to develop, which is aimed at quickly regulating not only the digital products themselves that affect the spheres of society and the state, but also making changes to the regulation of dispute resolution between the parties. The article examines the complex development of African virtual international arbitration, which has already been largely developed in the laws of Kenya, Egypt, and Mauritius. Special attention is paid to the practical aspects of transparency of virtual alternative dispute resolution methods, the impact of digitalization on these processes is assessed, and approaches to dispute resolution regulation are compared to determine the potential for applying the experience gained in Russian conditions
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