New Hague Rules on Business and Human Rights Arbitration Unveiled in The Hague
The New Hague Rules on Business and Human Rights Arbitration
The Permanent Court of Arbitration in the Hague hosted a symposium at the Peace Palace to debut the new Hague Rules on Business and Human Rights Arbitration on December 12, 2019. These rules permit arbitration of disputes regarding business activities that affect human rights. Their purpose is to fill the gaps of judicial remedy and dispute resolution avenues under the UN Guiding Principles on Business and Human Rights (UN Guiding Principles).
The Hague Rules came out of a five-year project, led by the Center for International Legal Cooperation (CILC) and headed by