The ICC International Court of Arbitration increased its global presence in 2006, with proceedings located in a record 52 countries and arbitrators of 71 nationalities being appointed or confirmed by ICC.

ICC further consolidated its reputation as the most experienced institution for the resolution of international business disputes, receiving a total of 593 new cases in 2006, matching its all-time record set in 2002.

As many as 1613 parties were involved in those cases, which represents an increase of 13.4% over the number of parties involved in the cases filed in 2005. The public as well as the private sector was represented, with 10.5% of cases filed in 2006 involving a State or parastatal entity.

A total of 55.5% of the new cases brought in 2006 involved an amount in dispute of more than US$ 1 million, a slightly higher percentage than the year before.

With members hailing from 86 countries on every continent, the ICC Court is the most widely representative dispute resolution institution in the world.

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More detailed statistics on ICC arbitration in 2006 will be published in the ICC International Court of Arbitration Bulletin, Volume 18/No. 1.