Journal of college of Law for Legal and Political Sciences

Abstract

Commercial mediation is an alternative method for the judiciary to resolve trade disputes, based on creating a cooperative atmosphere between the conflicting parties and dialogue and exchange of views in order to reach a fair and appropriate solution, , Based on securing a mutual agreement based on the needs and interests of the parties, and the willingness of each party to make concessions at the stage of negotiations that permeate the process of mediation of some rights for the purpose of reaching the goal (reconciliation). Commercial mediation has become a prominent place in the legal field at the local and international level, because of the advantages and qualities of positive flexibility, confidentiality and speed, which is reflected positively on national economic development.