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arbiter vs court 🌍

导读 arbitration and the international court may sound similar, but they’re quite different! 🏛️⚖️ The Internationa...

arbitration and the international court may sound similar, but they’re quite different! 🏛️⚖️ The International Court of Justice (ICJ) is part of the United Nations. It settles legal disputes between countries following international law. Think of it as the ultimate global judge, making decisions that all parties must respect. 📝✨

On the other hand, an international arbitration tribunal operates more like a mediator. 💼👥 Instead of being tied to UN rules, arbitrators are often chosen by the disputing parties themselves. This makes arbitration flexible and confidential, perfect for businesses or states wanting private solutions. 🚫👀

While both aim to resolve conflicts peacefully, their methods and jurisdictions differ. ICJ rulings are binding on member states, whereas arbitration outcomes depend on mutual consent. 🤝🧐 So next time you hear these terms, remember: one is formal and universal, the other tailored and discreet. 🌟💬