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The first step: the application for arbitration The second step: selection of the arbitrator The third step: hearing
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The third step:hearing

¡¤The arbitration tribunal shall hold oral hearings when examining a case; however the arbitration tribunal may examine a case and render an award only on the basis of documentary evidence provided both parties request for or consent to it whilst the arbitration tribunal may also considers an oral hearing as unnecessary. Under Summary Procedure, it is up to the arbitration tribunal to decide whether the case shall be heard orally based on the facts of the case. When the case is heard in a close session, the parties shall further state the facts on which their claim, defense of counterclaim are based, and answer the tribunal¡¯s inquiries. The parties may also argue with each other about the legal matters.

¡¤The parties shall submit their supplementary evidence within time limit ordered by the arbitration tribunal after the hearing.

¡¤The arbitration tribunal shall render an arbitral award within 6 months from the date on which the arbitration tribunal is formed. Under Summary Procedure, the arbitral award shall be made within 30 days from the date of the final oral hearing; and where a case is examined on the basis of documents only, the arbitral award shall be made within 90 days from the date of the formation of the arbitration tribunal.