Presidency of the
Council of Ministers
Arbitration in Lebanon is possible for commercial, civil and public contracts noting that in the latter case the arbitration clause or agreement should be approved by a decree issued in the council of the ministers.
Lebanon has ratified the convention of New York of 1958 relating to international arbitration and the Washington convention of 1965 relating to the settlement of investments disputes between governments and investors of other countries (ICSID).
Moreover the Law no. 360 of August 16, 2001 on the Promotion of Investments in Lebanon offers the possibility of resolving the disputes arising from Package Deal Contracts signed between the Government of Lebanon represented by IDAL and the investor by amicable settlement otherwise by arbitration according to the procedure mentioned in the Lebanese law or any international arbitration center.