ABSTRACT
It is beyond serious argument that inter-state arbitration occupies an important place within the international law of peaceful settlement of international disputes. In his time-honoured publication, Le droit des gens, Emer de Vattel stressed the role of arbitration in international dispute settlement, stating that:
Arbitration is a very reasonable mode, and one that is perfectly conformable to the law of nature, for the decision of every dispute which does not directly interest the safety of the nation.1
