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The ICC Institute of World Business Law, which acts as a think-tank working closely with the ICC International Court of Arbitration, is composed of a Council of 34 members of 21 nationalities, all experienced professionals or academics in international business law or international commercial arbitration, as well as over 200 members from around the world. In line with its philosophy of excellence, the ICC Institute organizes this annual conference, an occasion for legal experts to deliberate on a topical issue and contribute towards reflection on new practices in international arbitration.