Study on the Transparency in the International Arbitration Proceedings

Keeping a balance between transparency and confidentiality is essential for the justice and efficiency of international commercial arbitration. This paper attempts to address the transparency required of international arbitration proceedings from three perspectives: evidence disclosure, third-party participation and making arbitration awards public. It argues that any disclosure of evidence shall be limited to those pertaining to public interests or to satisfy the public interests, and the third-party participation should also satisfy three criteria. Besides, the manner and degree of the disclosure of arbitration awards should be considered to balance the transparency and confidentiality.